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All of the following are results of credit policies: (Check all that apply.) a credit policy that is too tight may result in a low

All of the following are results of credit policies: (Check all that apply.) 


a credit policy that is too tight may result in a low level of losses, but a decrease in sales. 


a credit policy that is too lenient may result in increased sales but also an increase in losses. 


a credit policy that is too lenient may result in a low level of losses, but an increase in sales. 


a credit policy that is too tight may result in a high level of losses, but a decrease in sales.

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