Which of the Following Is Not a Typical Potential Problem

question 40

Multiple Choice

Which of the following is not a typical potential problem that can occur in a credit bureau file?

• A)You may be mixed up with someone else with a similar name.
• B)Accounts may be listed as still open that are actually closed.
• C)Accounts may be listed that you never had.
• D)The wrong credit bureau handles your case.
• E)A creditor may fail to report a payment or payments.

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Definitions:

Bottom-Up Approach

A strategy that starts at the very detailed level and works upwards to form a complete picture, often used in analysis or planning.

Operating Cash Flow

Operating cash flow is the cash that comes from a company's usual business activities, showing if it can produce enough positive cash flow to sustain and expand its operations.

EBIT

Earnings Before Interest and Taxes, a measure of a firm's profit that includes all income and expenses except interest and income tax expenses.

Straight-Line Depreciation

A method of allocating the cost of a fixed asset evenly across its useful life.