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CTP · Question #657

(Topic 7) All of the following are objectives of credit management EXCEPT:

The correct answer is B. preparing cash flow forecasts.. See the full explanation below for the reasoning.

Question

  • (Topic 7)

All of the following are objectives of credit management EXCEPT:

Options

  • Aevaluating customer creditworthiness.
  • Bpreparing cash flow forecasts.
  • Cmaintaining up-to-date records of accounts receivable.
  • Dinitiating collection procedures.

How the community answered

(61 responses)
  • A
    3% (2)
  • B
    70% (43)
  • C
    16% (10)
  • D
    10% (6)

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