________ is a procedure resulting in a number reflecting the applicant's credit strength, derived as a weighted average of the scores obtained on a variety of key financial and credit characteristics.
A) Credit scoring
B) Aging of receivables
C) Credit analysis
D) The economic order quantity model

Question

Quizplus · Accepted Answer

Credit scoring is a procedure that uses a variety of key financial and credit characteristics to derive a number that reflects the applicant's credit strength. This number is obtained through a weighted average of the scores obtained on these characteristics.

________ Is a Procedure Resulting in a Number Reflecting the Applicant's