A-LevelAccountingAnalysis and communication of accounting information9706/12 · Oct/Nov 2013 · Q211 Mark
A business is reviewing credit limits for its customers. What would result in a customer's credit limit being reduced?
ACash discounts are always taken by the customer.
BSales have increased to that customer.
CThe customer always pays their debt on time.
DThe customer has lost a major contract.
✓ Correct answer
D: The customer has lost a major contract.
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