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:

Self-Concept

An individual's perception of themselves, including beliefs about one’s own abilities, appearance, and personality.

Self-Image

One's personal perception or mental picture of themselves, including beliefs about appearance, abilities, and worth.

Self-Esteem

An individual's subjective evaluation of their own worth, including feelings of confidence, respect, and self-acceptance.

Virtue

A quality considered morally good or desirable in a person.