Examlex
Which of the following elements in the attribution theory refers to the likelihood that an event will occur again in the future?
Collection Process
The method by which a company pursues payment on outstanding invoices from customers, including sending reminders, making calls, or taking legal action.
Credit Standards
The set of criteria that lenders use to determine the creditworthiness of borrowers and the terms under which credit will be extended.
Credit Policy
The guidelines a company follows in determining credit terms for its customers, including terms of payment and credit limits.
Collection Policy
A set of procedures a company uses to manage the collection of amounts due from its customers.
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