Which is not a disadvantage of offering credit listed in textbook? a) bad debts b) slow payers c)…

Which is not a disadvantage of offering credit listed in textbook?

a) bad debts
b) slow payers
c) competitors for credit
d) increased administrative cost

one key advanatage of offering credit is
a) it creates sales volume which can then be used to borrow more funds from a bank
b) it results in incresed sales
c) interest on overdue accounts is a major source of income
d) it is social responsibility to operate a business
Variance analysis refers to
a) degrees of tolerance limits in manufacturing
b) calculations of the extent of different kinds of activities
c) an investigation of differences between budget and actual numbers
d) understanding how a business’s performance differ from that of its competitors

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