Which of the Following Is TRUE of Credit Scoring

question 244

Multiple Choice

Which of the following is TRUE of credit scoring?

• A)It audits the amount of assets the applicant has available for use in securing the credit.
• B)It specifies the terms of sale for customers who have been extended credit by a firm.
• C)It is an ongoing review of a firm's accounts receivable to determine whether customers are paying according to the stated credit terms.
• D)It applies statistically derived weights to an applicant's scores on key financial and credit characteristics.

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