Which of the following is a disadvantage when a business accepts credit cards or debit cards from customers?
A) The business bears the responsibility of collecting cash from the customer.
B) The business bears the risk of nonpayment by the customer.
C) The business pays a processing fee.
D) The business checks customers' credit ratings.
C
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The difference between the flexible-budget operating income and the actual operating income in a period is the:
a. Sales mix variance. b. Sales volume variance. c. Sales price variance. d. Operating income flexible-budget variance. e. Total operating income variance
Which of the following is true about international corporate planning?
A. It deals with a company's products, capital, and research. B. It addresses marketing and advertising questions. C. It refers to the plans that are made at the local level D. It incorporates generalized goals for the enterprise as a whole. E. It deals with the tactical issues of marketing.