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Which of the following is not an element of credit policy?

Which of the following is not an element of credit policy?

مندرجہ ذیل میں سے کون کریڈٹ پالیسی کا عنصر نہیں ہے؟
Explanation
  • A credit policy includes collection policy, credit terms, and cash discount price to manage credit risk and ensure timely payments.
  • Sales price is related to pricing strategy, not credit policy, as it determines the cost of goods rather than credit management.