Q129
The volume of sales is influenced by ____ of a firm.
A.
finance policy
B.
credit policy
AnswerC.
profit policy
D.
fund policy
Answer: Option B
Solution
Answer: Option B
Solution:
The volume of sales is influenced by credit policy of a firm. Credit policy is an important part of the overall strategy of a firm to market its products. It refers to those decision variables that influence the amount of trade credit i.e investment in receivables.