Which One of the Five Cs of Credit Refers to a Firm's

question 51

Multiple Choice

Which one of the five Cs of credit refers to a firm's financial reserves?

• A)character
• B)capacity
• C)collateral
• D)conditions
• E)capital

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Definitions:

Excess Hours

Hours worked beyond the normal or scheduled work time, often considered overtime.

FICA-Social Security

A U.S. government program funded by payroll taxes, providing retirement benefits, disability income, and other services to Americans.

Gross Pay

The total amount of money earned by an employee before any deductions or taxes are taken out.

FUTA Tax

The tax imposed by the Federal Unemployment Tax Act, paid by employers to support state employment agencies.