Which of the Following Is NOT One of the SCANS

question 28

Multiple Choice

Which of the following is NOT one of the SCANS competencies?

• A)acquire and use information
• B)understand complex mathematics
• C)work with others
• D)identify, organize, plan and allocate resources such as time
• E)work with a variety of technologies

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Definitions:

Secured Creditors

Creditors who have a legal claim or lien on specific assets of the debtor as collateral for the debt.

Unsecured Creditors

Creditors who have claims on the assets of a debtor but no collateral securing those claims.

Non-exempt Asset

An asset that is not protected under bankruptcy laws and can be seized to satisfy creditor claims.

Perfected Security Interest

A legal state where a creditor has taken the necessary steps to establish and maintain a priority claim on a debtor's collateral in case of default.