The Basic Factors That Are Reviewed When Evaluating the Creditworthiness

question 31

Multiple Choice

The basic factors that are reviewed when evaluating the creditworthiness of a potential customer are called the:

• A)terms of sale.
• B)receivables factors.
• C)five Cs of credit.
• D)collection policy determinants.
• E)credit scores.

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Definitions:

Cancer Risk

The probability or likelihood that an individual will develop cancer over a certain period of time.

Depression and Stress

psychological conditions where depression involves persistent feelings of sadness and loss of interest, while stress involves feelings of strain and pressure.

Emotional States

Various types of feelings that influence behavior, including happiness, anger, sadness, and fear.

Perceived Ability

An individual's belief about how well they can perform or succeed in a particular task or activity.