The basic factors that are reviewed when evaluating the creditworthiness of a potential customer are called the:
A)terms of sale.
B)receivables factors.
C)five Cs of credit.
D)collection policy determinants.
E)credit scores.

Question

Quizplus · Accepted Answer

The five Cs of credit are the basic factors used to evaluate a borrower's creditworthiness: Character, Capacity, Capital, Collateral, and Conditions.

The Basic Factors That Are Reviewed When Evaluating the Creditworthiness