Which One of the Following Best Defines the Term 'Credit

question 1

Multiple Choice

Which one of the following best defines the term 'credit scoring'?

• A)categorising customers into groups depending upon the length of time it takes each customer to pay for purchases
• B)process of quantifying the probability of default when granting credit to customers
• C)compiling a list of accounts receivables segregated by the length of time each receivable has been outstanding
• D)evaluating the opportunity costs of a credit policy
• E)tracking of both the number and the size of customer orders over a period of time

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Definitions:

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Phineas Gage

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The part of the brain located behind the forehead that is responsible for voluntary movement, speech, and complex thought processes.

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