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The volume of sales is influenced by of a firm

This question belongs to Commerce Financial Management
Financial Management
?

The volume of sales is influenced by ____ of a firm.

Answer & Solution
Correct Answer: Option B
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.
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