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

• A: The company decides that it wants to minimize opportunity costs by having as much cash on hand as possible.
• B: The company decides that it will send out two notices of late payments to customers before pursuing other collection methods.
• C: The company decides that its payment terms will be Net 15.

A) A, B, C

B) C, B, A

C) A, C, B

D) C, A, B