A Customer's Credit Report Does Not

question 41

Multiple Choice

A customer's credit report does not:

• A)Include personal references as to the customer's business reputation.
• B)Provide details of credit applications made in the past.
• C)List credit defaults.
• D)List information that is already publicly available
• E)g.bankruptcy reports.

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Definitions:

Asset Turnover Ratios

Financial metrics that measure the efficiency of a company in using its assets to generate sales or revenue.

Inventory Turnover Ratio

The inventory turnover ratio is a measure of how often a company sells and replaces its stock of goods within a certain period, indicating the efficiency of inventory management.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including the cost of materials and labor.

Average Inventory

An accounting metric that estimates the value or the number of a particular good that a company has in stock over a specific period.