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The only negative consequence of slow paying is that the particular vendor involved may refuse to make additional credit sales. If that happens the customer
The only negative consequence of slow paying is that the particular vendor involved may refuse to make additional credit sales. If that happens the customer firm can always go to other vendors and get credit. O True False Question 9 2.5 pts The three broad issues involved in receivables policy are (1) which customers should receive credit and how much, (2) what terms of sale (due dates and discounts) should be extended to customers, and (3) how should customers who don't pay on time be handled. True O False Question 10 2.5 pts The primary objective of offering a cash discount is to O reduce the number of bad checks received from customers. encourage customers to place their orders prior to the peak selling period. none of these choices reduce the investment in receivables. all of these choices
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