The different factors determining a firm’s credit policy are: A. The effect of credit on the volume of sales

B. Cash discount

C. Policies and practices of the firm for selecting credit customers

D. All of the above

Option "D" is the correct answer to the following question.

Explanation:

Credit duration is the four main factors in a company's credit policy-the amount of time consumers are provided to compensate for their transactions; discount coupons price reductions offered for early payment; credit standards-referring to the growth prospects expected by appropriate credit customers

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