BF Chapter 9 Vocab Review

BF Chapter 9 Vocab Review

Assessment

Flashcard

Computers

KG

Hard

Created by

Wayground Content

FREE Resource

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16 questions

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1.

FLASHCARD QUESTION

Front

Schedule generated from aging accounts receivable; categorizes unpaid accounts by duration.

Back

Aging Schedule

2.

FLASHCARD QUESTION

Front

Personal qualities of a credit applicant showing responsibility and dependability.

Back

Character

3.

FLASHCARD QUESTION

Front

An account no longer collectible.

Back

Charge Off

4.

FLASHCARD QUESTION

Front

Steps to keep customer credit payments updated and reduce charge-offs.

Back

Collection Procedures

5.

FLASHCARD QUESTION

Front

Factors outside borrower/lender control affecting risk; part of insurance contract stipulating requirements for coverage and loss payment.

Back

Conditions

6.

FLASHCARD QUESTION

Front

Credit offered to individual consumers by a business.

Back

Consumer Credit

7.

FLASHCARD QUESTION

Front

Credit services by a financial firm for a fee.

Back

Contracted Credit Plan

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Google

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Email

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Classlink

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Clever

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Microsoft

Microsoft

Apple

Apple

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Others

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