If Renae, Manager at Leak Free Roofing, Wanted to Develop

question 10

True/False

If Renae, manager at Leak Free Roofing, wanted to develop a contingency plan for Leak Free, she would need to look at factors such as new equipment, the economy, and the company workers' compensation cases.

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Definitions:

Financial Organization

An entity that provides financial services such as investments, insurance, banking, or brokerage services.

Uncollectible Accounts

Debts owed to a company that are considered to be uncollectible from debtors or customers, often written off as bad debts.

Credit Analysis

The process of evaluating an individual's or organization's ability to repay a loan or debt.

Accounts Receivable

Outstanding payments that customers are required to make to a business for received goods or services.