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Give an example of the type of decision that would be made by an Operational Manager.
Invoice Date
The date when an invoice is generated or issued, marking the start of the payment term period.
5 C's of Credit
The five key elements a lender considers when evaluating a loan application: character, capacity, capital, collateral, and conditions.
Character
In finance, character often refers to the creditworthiness of a borrower, indicating their reputation or track record for repaying debts.
Credit Obligations
The responsibility to repay borrowed money or debts incurred, which can include loans, bonds, or lines of credit.
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