In a credit salenvironment, the best place to vest credit approval is in:

Question

Quizplus · Accepted Answer

The best place to vest credit approval is in an independent credit department. This ensures that there is a dedicated team that reviews and approves credit applications based on established criteria, independently of any other department's interests or biases. This helps to minimize the risk of granting credit to customers who may default on payment, ultimately protecting the company's financial health.

In a Credit Salenvironment, the Best Place to Vest Credit