If a Customer Wanted to Obtain Bank Financing Which of the Following

question 7

Multiple Choice

If a customer wanted to obtain bank financing which of the following will the bank inquire about before granting a loan?

• A) Firms credit history
• B) financial position of the firms creditors
• C) firms cash flow
• D) a and c

Understand the purpose and impact of benefit audits.

Comprehend the significance of benefits for different groups of employees.

Identify programs designed to assist employees with personal and work-related problems.

Recognize the importance of communicating benefit packages to employees.

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Definitions:

Aggregate Demand

The collective call for goods and services in an economy, marked at a certain price level for a given time interval.

Multiplier

The ratio of change in an economic output to a change in an input, such as the increase in public spending leading to a larger increase in the national income.

Consumption Spending

Expenditures by households on goods and services, excluding purchases of new housing.

Income

The money received, especially on a regular basis, for work or through investments.