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    Practical Financial Management Study Set 1
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    Exam 16: The Management of Working Capital
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    Relaxation of Credit Policy Results In
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Relaxation of Credit Policy Results In

Question 95

Question 95

Multiple Choice

Relaxation of credit policy results in:


A) an increase in credit sales.
B) a decrease in credit expenses.
C) a decrease in investment in receivables.
D) b and c
E) All of the above

Correct Answer:

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