Multiple Choice
Which of the following is NOT one of the benefits of a business accepting credit cards from its customers?
A) The business does not have to check the credit ratings of customers.
B) The business can attract more customers and more sales.
C) The business doesn't take the risk of the customer failing to pay.
D) The business earns a higher profit on credit card sales than cash sales.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: The ratio that indicates whether a company
Q3: Anchor Sales accepts credit cards from
Q4: What is the maturity value of a
Q5: The allowance method is a method of
Q7: On 1 December 2016,Parsons Ltd sold machinery
Q8: Zorro Company has significant amounts of accounts
Q9: The direct write-off method is in accordance
Q10: The percentage of sales method calculates bad
Q11: Accounts receivable has a balance of $31,000
Q128: Days' sales in receivables is the ratio