Credit Policy Is Composed Of

question 5

Multiple Choice

Credit policy is composed of:

• A) collection policies.
• B) vetting of customers before offering credit.
• C) credit terms.
• D) all of the above.

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Definitions:

Cross-Cutting Relations

A geological principle stating that rocks disrupted or penetrated by an igneous intrusion or fault are older than the intrusion or fault itself.

Superposition

A principle in geology that states in an undeformed sequence of sedimentary rocks, each layer is older than the one above.

Facies Change

A change in the characteristics of rock layers indicating a change in environment of deposition, such as from marine to terrestrial.

Aerial Distribution

The spatial spread or dispersion of a substance, organism, or feature through the atmosphere.