Which One of the Following Is the Component of Credit

question 358

Multiple Choice

Which one of the following is the component of credit policy which addresses the determination of which customers are most apt to pay?

• A) Credit analysis.
• B) Collection policy.
• C) Credit extension.
• D) Terms of sale.
• E) Consumer credit.

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Definitions:

Prime

In a mathematical context, a prime number is a natural number greater than 1 that has no positive divisors other than 1 and itself.

Further Processing

The additional analysis, treatment, or refinement that materials, information, or ideas undergo after initial handling.

Stimulus

Anything that can elicit a physiological or psychological response or reaction in an organism.

Gain-framed Appeal

Persuasive communication emphasizing the positive benefits or outcomes of adopting a certain behavior or stance.