_____ refers to your ability to obtain goods or resources without having to make immediate payment.
A) Debit
B) Income
C) Credit
D) Expense

Question

Quizplus · Accepted Answer

Credit refers to obtaining goods or resources without immediate payment, with the promise of paying back at a later date. Debit refers to immediate payment, income refers to earnings, and expense refers to a cost or expenditure.

_____ Refers to Your Ability to Obtain Goods or Resources