1. What makes Information important in credit and collection? 2. How does technology enhance the collection process of a business? 3. What is the function of Credit and Collection Department in a business? 4. Provide reasons why company offers credit to their customers. justify all your answer.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 28MC: Big data is mined ________. A. to find business trends B. to record transactions C. as an...
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1. What makes Information important in credit and collection?
2. How does technology enhance the collection process of a business?
3. What is the function of Credit and Collection Department in a
business?
4. Provide reasons why company offers credit to their customers.
justify all your answer.

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