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Which of the following is an incorrectdisadvantage of positioning the credit department with financial function?
Which of the following is an incorrect
disadvantage of positioning the credit department with financial function?
In large enterprises, financial managers are responsible for all financial activities involved in determining the capital requirement and the financing of this requirement
I may put a damper on the credit department's objective to increase sales and the income from sales
The capital available for financing the debtors will be employed effectively
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