In analyzing an applicant's creditworthiness, a credit manager typically gives primary attention to two of the five C's of credit—collateral and condition—since they represent the most basic requirements for extending credit to an applicant

Indicate whether the statement is true or false

FALSE

Business

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In the weighted-average inventory costing method, when using the periodic inventory system, a single weighted average cost per using is computed for the entire period

Indicate whether the statement is true or false

Business

A(n) _____ is established to give senior managers of a company the option to buy the company shares in the future at a predetermined, fixed price

A) social security system B) stock-option plan C) employee assistance plan D) life-cycle benefit

Business