Examlex

Solved

A Credit-Based Score That Is Highly Predictive of Future Claims

question 24

Multiple Choice

A credit-based score that is highly predictive of future claims cost is an individual's


Definitions:

Ledger

The principal book or computer file for recording and totaling economic transactions measured in terms of a monetary unit of account by account type.

Accounting Equation

A fundamental principle of accounting representing the relationship between a company's assets, liabilities, and equity (Assets = Liabilities + Equity).

Cash Refund

An amount paid by the seller to the buyer for merchandise that is defective, is damaged during shipment, or does not meet the buyer’s expectations.

Selling Price

The amount of money for which a product or service is offered for sale to customers.

Related Questions