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As Accounts Manager in Your Company, You Classify 75% of Your

question 24

Multiple Choice

As accounts manager in your company, you classify 75% of your customers as "good credit" and the rest as "risky credit" depending on their credit rating. Customers in the
"risky" category allow their accounts to go overdue 50% of the time on average, whereas
Those in the "good" category allow their accounts to become overdue only 10% of the
Time. What percentage of overdue accounts are held by customers in the "risky credit"
Category?


Definitions:

Administrative Tribunal

A governmental body with quasi-judicial powers, tasked with resolving disputes, adjudicating on rights, and administering justice in administrative matters.

Ultra Vires

Acts or decisions made by an entity that are beyond the scope of its powers as defined by its legal or constitutional documentation.

Constitution Act

A foundational legal document or statute that outlines the principles and framework of a governmental system.

Natural Justice

The principle that ensures fair treatment in legal and administrative decisions, including the right to a fair hearing and the rule against bias.

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