As a manager, one of your tasks is to make credit and collection policies.

a.In the Credit Standards of your Credit and Collection Policies, what standards or essential criteria could be a basis of your evaluation for extending credit? (5 pts)

b.Under the Credit Terms of your policies, aside from the credit period, cash discounts, and cash discount period, discuss other items in this policy that you deemed necessary to be include. (5 pts.)

c.In the Collection Policy, explain the primary content of this policy? (5 pts.)