Which One of the Five Cs of Credit Refers to a Firm's

question 51

Multiple Choice

Which one of the five Cs of credit refers to a firm's financial reserves?

• A)character
• B)capacity
• C)collateral
• D)conditions
• E)capital

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Definitions:

Articles Of Organization

The document filed with a state authority to legally establish a limited liability company (LLC).

Business Run

An operation or series of operations involving the production, distribution, and sale of goods or services by a business.

Partnership Business

A form of business operation where two or more individuals share ownership, profits, and liabilities.

Audit Services

Professional services that review and verify the accuracy of financial records and statements of a corporation or organization to ensure truthfulness and compliance with accounting standards.