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Concerning Question 3: The factors for the receivables policy ! I guess the same question came out last year ! Again with 8 marks ! Quite tricky and amazing at the same time. I’ve just elaborated on those factors:
(1) Assessing creditworthiness
(2) Credit limits
(3) Invoice promptly and collect overdue debts
(4) Monitor the credit system
Please advise if it’s right !!!
Thanks
<cite> @donizback said:</cite>
yup right the exam was fair indeed but yea Q3 was a bit tricky with the part a, but i managed to write something( might be stupid i dont know :P) but I think it was managable exam I managed to do the exam and wrote a lot extra too and was free 10 mins before the time finished
Conerning Question 3: The factors for the receivables policy ! I guess the same question came out last year ! Again with 8 marks ! Quite tricky and amazing at the same time. I’ve just elaborated on those factors:
(1) Assessing creditworthiness
(2) Credit limits
(3) Invoice promptly and collect overdue debts
(4) Monitor the credit system
