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    Contemporary Financial Management Study Set 1
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    Exam 18: The Management of Accounts Receivable and Inventories
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    Which of the Following Is Not a Cost Related to the Extension
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Which of the Following Is Not a Cost Related to the Extension

Question 52

Question 52

Multiple Choice

Which of the following is not a cost related to the extension of credit to customers?


A) bad-debt losses
B) cash discounts
C) quantity discounts
D) collection costs

Correct Answer:

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