Which of the following is not a cost of granting credit to customers?
A) The opportunity cost of funds being tied up.
B) Administration costs for managing receivables.
C) Attracting new customers.
D) The cost of carrying slow payers and bad debts.
Correct Answer:
Verified
Q11: How do entities manage their customer credit
Q12: If working capital is allowed to increase
Q13: A change in the days debtors turnover
Q14: Issues that require an entity to manage
Q15: Costs involved in managing cash include:
A) no
Q17: Manufacturers hold raw materials inventory so:
A) there
Q18: Examples of cash outflows from an entity
Q19: Which of the following businesses would be
Q20: Temporary assets should be financed with:
A) spontaneous
Q21: Which of the following is not a
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