List three entities that with legitimate reasons could check your credit report.

A credit bureau, AKA credit agencies, are companies that collect credit information about individuals. They then calculate a credit score for each individual based on this information. True False

Explain the importance of proper credit approval for sales only typed solution

Credit sales are recorded by crediting an account receivable for specific customer. True or false?

What notice given to the customer explains that we may report ingormation to the credit bureaus

Explain the purpose and functions of a checking account citing and describing at least 3 examples?

What are the three credit reporting agencies?

Question: The credit worthiness of a customer is normally checked by the organization's Credit Control Department, before any credit sales is approved. reqiured: state why this process is important?

Explain and define deeply the three (3) types of electronic payment. Cite some situational examples.

b) Show the model of atleast one Credit Sales invoice, Purchase invoice, Debit note and Credit note. (you can use imaginary figure)