Credit Insurance

Quiz
•
Business, Professional Development
•
Professional Development
•
Hard
Netalie Ronen
Used 8+ times
FREE Resource
7 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
30 sec • 5 pts
What type of credits are not valid for premium refund?
You can choose more than one answer
End of season Rebate
Product complaint
Price or Quantity error
Item number error
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What type of customers we need to insure?
All customers that purchase with Credit terms
Only risky customers
Big, non-risky customers don’t need insurance
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What are the threshold conditions for SDL (Self Discretionary Limit)?
Entity registered for at least one year
No published alerts on the customer
Purchase less than USD 25K annually
All the above
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What are the maximal credit days allowed?
EOM+ 90 days
EOM+ 120 days
EOM +150 days
EOM+ 180 days
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following events is not insured:
Customer in liquidation or bankruptcy
Customer that struggles cash-flow difficulties
Customer that has a commercial dispute with Tama
Customer active in a country that currently have political situation
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What is the credit limit amount we should ask for a customer?
Annual targeted turnover
Expected exposure
Total upcoming sale order
7.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
Should the credit limit amount include VAT?
YES
NO
It depends...
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