Credit policy, Financial Management

What is the Credit Policy? Describe please.

Posted Date: 2/14/2013 2:42:36 AM | Location : United States

Credit policy

Guidelines that spell out how to decide which customers are sold on open account, the exact payment terms, the limits set on outstanding balances and how to deal with delinquent accounts.

Posted by Aana | Posted Date: 2/14/2013 2:43:12 AM

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