La Piaza Restaurant has always adhered to a strict cash only policy. Management is, for the first time, considering accepting credit cards and/or extending direct credit to customers. The left side of the following table includes seven factors that management has under consideration as it contemplates its cash/credit policy alternatives. Complete the "check-off" process for each factor/policy. The first factor is completed as an example.

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Opportunity to charge/collect ad- ditional income in the form of interest Cash Only Advantage Disadvantage Direct Extension of Credit Advantage Disadvantage Likely increase in revenues Conducting credit background check/ obtaining a credit report Significant risk of uncollectible accounts Accept Credit Cards Advantage Disadvantage