Asked by

Jerika Tasoy
on Nov 07, 2024

verifed

Verified

Which one of the five Cs of credit refers to the financial reserves of a customer?

A) Capacity.
B) Character.
C) Conditions.
D) Capital.
E) collateral

Financial Reserves

Funds or assets that are set aside to meet future liabilities, contingencies, or unforeseen expenditures.

Capital

Resources made available for the use in the production of goods or services, often categorized into financial, human, or physical forms.

Conditions

The set of circumstances or criteria that affect financial decisions or the outcome of investments.

  • Comprehend the significance and elements of credit analysis, including the quintet of credit's Cs.
verifed

Verified Answer

LB
LILLIAN BARNESNov 07, 2024
Final Answer:
Get Full Answer