Place the following steps for developing a credit policy in the correct order of process:

• A: The company decides that all payments must be made within 60 days.
• B: The company sets a minimum credit score for customers.
• C: The company decides it will hire a collection agency to help it recover past due accounts.

• a.)

  A, B, C

• b.)

  B, A, C

• c.)

  B, C, A

• d.)

  A, C, B