Transactional Data Must Be Sufficiently Detailed to Allow FRAC Information

question 35

Multiple Choice

Transactional data must be sufficiently detailed to allow FRAC information to be extracted from each customer. What does FRAC stand for?

• A)Frequency, recency, amount, category
• B)Fast, relevant, amount, category
• C)Fast, relevant, ample, continuous
• D)None of the above

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Definitions:

Offering Size

The total value or amount of securities, such as stocks or bonds, that are made available for sale in a public offering.

Gross Proceeds

The total amount of money received from a transaction before any deductions or expenses are subtracted.

Direct Private Long-term Debt Financing

A method of funding where companies borrow money directly from lenders on a long-term basis without public issuance through financial markets.

Public Issues

Refers to the offering of securities, like stocks or bonds, to the public to raise capital.