DUNS Number - Explained

DUNS Number - Explained

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video explains the DUNS number, a nine-digit identifier issued by Dunn and Bradstreet for businesses. It details how businesses can apply for DUNS numbers, which are used to collect and verify business information and assess credit ratings. The video also discusses the transition from DUNS numbers to a new Unique Entity ID by the US government in 2022, while noting that many organizations still use DUNS numbers. Additionally, it covers the cost associated with reporting information to Dunn and Bradstreet to build a business's credit profile.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the DUNS number and who issues it?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the DUNS number help in assessing a business's credit rating?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes occurred regarding the use of the DUNS number by the United States government in 2022?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the process for a business to obtain a DUNS number?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Why do entities report information to Dunn and Bradstreet, and what is the cost associated with it?

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