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41 Trade credit can be separated into two components: free trade credit, which is credit received after the discount period ends, and costly trade credit,

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41 Trade credit can be separated into two components: free trade credit, which is credit received after the discount period ends, and costly trade credit, which is the cost of discounts not taken. wered of 1.00 Select one: 0 a. False . b. True 42 In ABC analysis 'A' class consist of items having. wered of 1.00 Select one: a. Good records b. Minimal records a c. No records O d. Accurate records -43 The average accounts receivables balance is a function of both the volume of credit sales and the days sales outstanding. wered of 1.00 Select one a. True b. False 44 Current liabilities can reduce the risk of insolvency of the firm. cot 1.00 Select one a False b. True

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