Which of the following statements about VISA credit card sales is incorrect? a. The credit card issuer

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Which of the following statements about VISA credit card sales is incorrect?

a. The credit card issuer makes the credit investigation of the customer.

b. The retailer is not involved in the collection process.

c. Two parties are involved.

d. The retailer receives cash more quickly than it would from individual customers.

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Financial Accounting

ISBN: 9780471169208

2nd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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