All of the following are costs of credit EXCEPT
A) bad debt losses.
B) credit analysis expenses.
C) lost revenues when customers do not take advantage of trade discounts.
D) the increased investment in accounts receivable.
C
Business
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Stereotyping, symbols, semantics, peer groups, and the media cannot influence personal biases; people are born with them
Indicate whether the statement is true or false
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Which of the following approaches to ethics holds that an action is judged desirable if it leads to the best possible balance of good consequences over bad consequences?
A. Ethnocentric B. Utilitarian C. Cultural relativist D. Naive immoralist E. Righteous moralist
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