Knowledge Check $01$

Which of the following are considered disadvantages of allowing customers to purchase goods on credit? $($You may select more than one answer. Single cllck the box with the question mark to produce a check mark for a correct answer and double click the box with the questlon mark to empty the box for a wrong answer. Any boxes left with a questlon mark will be automatically graded as Incorrect.$)$

A delay in cash collections

Bad debt costs

Decreased revenues

$?$ Increased wage costs to determine if customers are creditworthy

$2$ Increased wage costs resulting from the collection process