Which one of the following is NOT one of the three steps involved in establishing a credit policy?
A) establishing credit payment patterns
B) establishing credit standards
C) establishing a collection policy
D) establishing credit terms

Question

Quizplus · Accepted Answer

The three steps involved in establishing a credit policy are establishing credit standards, establishing credit terms, and establishing a collection policy. Establishing credit payment patterns is not one of these steps.

Which One of the Following Is NOT One of the Three