Sample content ACC 557 Week 5 DQ2 “ Receivables” Please respond to the following: Assess the external and internal factors that influence credit policy and decision making within a company that extends credit to its customer when providing a good or service on account. Indicate the factor of most significance in today’s business environment. Provide support for your rationale. Assuming that a certain percentage of customers will be deemed high risk, recommend a strategy to minimize a company’s bad debt exposure. Indicate how the company would implement the strategy. Provide support for your recommendation “Financial risk refers to the risks that businesses run when making investments, planning for the future and conducting day-to-day operations.” (“External & Internal,”). External risks have to do with making decisions that are dependent on outside factors and internal risks are dependent on internal factors. Internal risks have to do with strategies and programs that