Examlex
Which of the following activities support individual customers,irrespective of the number of units or batches delivered to the customer?
Interest Payments
Payments made by a borrower to a lender, consisting of the cost of borrowing money over a period of time.
Principal Payments
Payments made towards the original amount borrowed in a loan, excluding interest payments, thereby reducing the outstanding principal balance.
Covenant Compliance
Refers to a borrower's adherence to the conditions set forth in loan agreements with lenders.
Accounting Principles
Fundamental concepts and rules that underlie financial accounting practices.
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