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Q. Credit Reference Agencies and Credit Scoring ?
A several organisations example Dun & Bradstreet and Standard & Poor provide credit scores and ratings for companies. These may perhaps take the form of a simple rating from AAA to CCC or a more detailed report.
If Fenton Security already has broad sales records it may be likely to utilize those records to compile a credit scoring system. Credit scoring works by specifying the characteristics known to be related with good/bad debts and allocating customers a score based on their particular characteristic profile. Credit scoring is usually used in retailing when determining the credit limits to be granted to personal customers but the same principles can readily be applied to commercial customers.
Completed executions A judgement creditor cannot retain the "benefit" of an execution or attachment, unless he has completed it- Before the date of the receiving order,
Q. Which one of the following is not necessary in order for a corporation to pay a cash dividend? a. Adequate cash b. Approval of stockholders c. Declaration of dividends by the bo
tyoes of assets
1) Inventory of raw material are held to make sure that the production process is not disrupted because of shortage of raw material. The amount of raw material inventory would base
Harper Co. provided the following information concerning two products: contribution margin per unit- product 12 $46 Contribution margin per unit-product 43 $30. Machine hours requi
How do I adjust accounts?
WyseFinance maintains a non-current asset register for recording information for non-current assets for a business. The business is registered for VAT. The following is a purcha
a) DELL computers sell 100 PCs at Rs.42,000. The variable expenses amount to Rs.28,000 per PC. The total fixed expenses is Rs.14,00,000. Prepare an income statement. b.) Ca
Calculate the claim under insurance policy: 1) What do policy limits of 200/300/100 on an automobile insurance policy mean?Your automobile insurance policy contains policy lim
What is bargain purchase? Financial assets acquired for less than FMV. In a bargain purchase BC, a corporate entity is acquired by another for an amount that is less than the
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