QUESTION IMAGE
Question
correct order of process:
- a. the company decides that payments must be made net 60.
- b: the company decides to take legal action to recover any losses from missed payments.
- c: the company determines that it will only extend credit to customers with a stron credit score.
options: c, b, a; b, c, ; a, c; c, a, b
Brief Explanations
To determine the correct order, we analyze the logical flow of credit management:
- First, a company would decide on credit extension criteria (C: extending credit to strong - credit - score customers).
- Then, set payment terms (A: Net 60 payments).
- Finally, decide on legal action for missed payments (B: recovering losses via legal action). So the order is C, A, B.
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C, A, B (assuming the last option is "C, A, B" as per the visible part of the options)