A Technique That Provides an Analyst with the Information Concerning

question 17

Multiple Choice

A technique that provides an analyst with the information concerning the proportion of each type of account that has been outstanding for a specified period of time is called ________.

• A) credit analysis
• B) credit scoring
• C) aging of receivables
• D) the economic order quantity model

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Definitions:

RRSP

Registered Retirement Savings Plan, a Canadian investment account for holding savings and investment assets, aimed at providing retirement income.

Contributions

Money, time, or resources given to support a cause, organization, or project.

Monthly Payments

Regular payments made once a month, often in the context of repaying loans or mortgages.

Borrow

The action of receiving something from another party with the intention of returning it or its equivalent at a later date.