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CRM1501-25-EX06

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Working capital can be defined as:

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Which ratio is expressed as a percentage between the net income an enterprise earned in a specific period and the capital that the enterprise had to spend to earn this net income?

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Which payment methods

are generally used in export credit are correct?

i)       

Bills of exchange

ii)      Letters of credit

iii)     Factoring

iv)    Cash before delivery

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Which of these is an example of why

a creditworthy individual cannot buy on credit?

 

   

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Which of the following

relates to the task of the credit manager when a policy is formulated?

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Which of the following is the

correct definition of a promissory note?

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Which of the following methods is

the most cost-effective when demanding payment from a debtor?

  

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Which of the following is an incorrect

disadvantage of positioning the credit department with financial function?

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Which of the

following factors can have a negative effect on credit decisions?

i)     

Insufficient

information

ii)    

Information

is interpreted incorrectly

iii)  

False

information

iv)    Out-of-date information

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Which of the following

are disadvantages of granting credit for enterprise?

i)       

The enterprise has to

wait for its money.

ii)      Late payments

iii)     Bad debts

iv)    Negative image

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