Are the Criteria the Firm Uses to Screen Credit Applicants

question 46

Multiple Choice

are the criteria the firm uses to screen credit applicants in order to determine which of its customers should be offered credit and how much.

• A)Credit terms
• B)Credit standards
• C)Seasonal datings
• D)Credit extension policies

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Definitions:

Startle Reflex

An automatic reaction to sudden, unexpected stimuli, such as a loud noise or sharp movement, demonstrating the body's fight or flight response.

Myelin Sheaths

Protective coverings around nerve fibers that increase the speed at which impulses propagate along the myelinated nerve cells.

Nerve Coverings

Protective sheaths around nerves, such as the myelin sheath, that help speed the transmission of nerve impulses.

Prematurely

Occurring or done before the usual or proper time; too early.