Tiger Golf Co. sells its custom golf shoes on credit terms because its competitors, NIKE and Foot Joy are also trying to increase market share. Tiger must have a credit policy that covers which of the following:

Group of answer choices:

How customers qualify for credit.

The maximum credit that a customer can be allowed.

The specific terms of the credit arrangement between the company and the customer.

Specific steps and actions will be taken if the customer does not pay part or all of the amounts due on a timely basis.

All of the above.

None of the above.