How Is Credit Approval Generally Handled for Established Customers with a Documented

question 24

Multiple Choice

How is credit approval generally handled for established customers with a documented payment history?

• A)A new credit application is requested.
• B)General authorization by a sales clerk
• C)Specific authorization by the credit manager
• D)A formal credit check should be made for each sale.

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Definitions:

James-Lange Theory

A theory of emotion suggesting that emotions occur as a result of physiological reactions to events.

Emotion

A complex psychological state that involves a subjective experience, physiological response, and behavioral or expressive reaction.

James-Lange Theory

A theory of emotion proposing that emotions occur as a result of physiological reactions to events, suggesting that bodily responses precede and drive the emotional experience.

Autonomic Response

Involuntary bodily functions controlled by the autonomic nervous system, such as heart rate, digestion, and respiratory rate.