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    Financial Accounting Study Set 30
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    Exam 6: Merchandising Operations and the Multistep Income Statement
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    Companies Who Offer Credit Terms Should Require Approval of Customers
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Companies Who Offer Credit Terms Should Require Approval of Customers

Question 64

Question 64

True/False

Companies who offer credit terms should require approval of customers' credit history by a person independent of the sales and collection functions.

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