_____ Is/are Generic Management Systems Standards

question 80

Multiple Choice

_____ is/are generic management systems standards.

• A)ISO 14000
• B)ISO 9000 series
• C)neither a nor b
• D)both a and b

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Definitions:

Financing Statement

A financing statement is a document filed by a secured party to give public notice of their interest in the personal property of a debtor, used to perfect a security interest under the Uniform Commercial Code.

Repossession

The act of a creditor or lessor taking back goods or property from the debtor or lessee, usually due to failure to meet the terms of an agreement.

Default

Failure to fulfill a legal obligation, especially the failure to pay back a loan on time or to meet the terms of a contract.

Collateral

Property or assets pledged as security for a loan, which can be seized by the lender if the loan is not repaid.