If a company is concerned about extending credit to a risky customer, it could do any of
Question:
If a company is concerned about extending credit to a risky customer, it could do any of the following except:
a. require the customer to pay cash in advance.
b. require the customer to provide a letter of credit or a bank guarantee.
c. contact references provided by the customer, such as banks and other suppliers.
d. provide the customer a lengthy payment period to increase the chance of paying.
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d A longer payment period will increase the chances the custo...View the full answer
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Related Book For 
Accounting Tools For Business Decision Making
ISBN: 9780470377857
3rd Edition
Authors: Paul D. Kimmel
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