The key dimension of credit selection which analyzes an applicant's ability to repay the requested credit focused on cash flows available is ________

A) collateral
B) capital
C) conditions
D) capacity

D

Business

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A business hired a repair service to overhaul its plumbing system. The repair service began work on September 15 and intends to complete it on October 15. The business will pay the repair service $4,000 when the work is completed

As of September 30, the work was 50% complete. Provide the adjusting entry to accrue repair expense by the end of September. (Ignore explanation). What will be an ideal response

Business

In its technical meaning, a budget is a plan for

a. allocating resources. b. spending money. c. saving money. d. developing financial strategy.

Business