Which of the Following Components Carries the Most Weight in Deriving

question 66

Multiple Choice

Which of the following components carries the most weight in deriving a FICO score?

• A) Length of credit history
• B) Payment history
• C) Different types of credit uses
• D) Amounts owed
• E) New credit

Recognize how transactions impact liability accounts.

Understand the principle of double-entry bookkeeping.

Learn how expense accounts are affected by transactions.

Identify the components and purposes of journalizing and posting in accounting.