The Volatility of Business Conditions in Some Countries Increase the Risk

question 43

Multiple Choice

The volatility of business conditions in some countries increase the risk of defaults on accounts receivable in those countries,but that risk may be offset by:

• A)lower cost of credit in those countries as volatility increases.
• B)the potential for increased sales in those countries as business conditions improve.
• C)higher inflation rates in those countries as volatility decreases.
• D)investment opportunities in those countries.

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Definitions:

Retroactive Amnesia

The inability to recall old information because of the interference of new information learned.

Retrograde Amnesia

A condition where individuals lose memories for events that occurred before a specific incident, typically an injury or illness.

Elaborative Rehearsal

A method of memorization where information is thought about in a detailed way, creating associations between the new information and existing memory.

Immediate Application

The direct use of acquired knowledge or skills to a situation or problem without delay.