Credit reference agencies and credit scoring, Financial Accounting

Assignment Help:

Q. Credit Reference Agencies and Credit Scoring ?

A several organisations example Dun & Bradstreet and Standard & Poor provide credit scores and ratings for companies. These may perhaps take the form of a simple rating from AAA to CCC or a more detailed report.

If Fenton Security already has broad sales records it may be likely to utilize those records to compile a credit scoring system. Credit scoring works by specifying the characteristics known to be related with good/bad debts and allocating customers a score based on their particular characteristic profile. Credit scoring is usually used in retailing when determining the credit limits to be granted to personal customers but the same principles can readily be applied to commercial customers.


Related Discussions:- Credit reference agencies and credit scoring

Explain a reduction in expected inflation - prices and wages, Assume that p...

Assume that prices and wages adjust rapidly so that the markets for labor, goods, and assets are always in equilibrium. What are the effects of each of the following on real money

Disclaimer of leases-bankruptcy and liquidation, Disclaimer of leases I...

Disclaimer of leases In principle where the bankrupt is a lessee the lease cannot be disclaimed without leave of the court; but such leave is not required in the following case

Describe about capital stock, Q. Describe about Capital Stock? Capital ...

Q. Describe about Capital Stock? Capital Stock - Ownership shares of a CORPORATION authorized by its ARTICLES OFINCORPORATION. Money value assigned to a corporation's issued sh

Determine income statement , Mr. Wong currently running a small manufactur...

Mr. Wong currently running a small manufacturing business.  The Trial Balance of the business at 31 March 2011 is as follows:

How useful is accounting information, How useful is accounting information?...

How useful is accounting information? No one would seriously claim that accounting information fully meets all of the needs of every various user groups. Accounting is still a

It''s been two months since you took a position, It’s been two months since...

It’s been two months since you took a position as an assistant financial analyst at Caledonia Products. Although your boss has been pleased with your work, he is still a bit hesita

Explain working of fca, Q. How does FCA diverse from what cities already do...

Q. How does FCA diverse from what cities already do? Numerous cities at present employ budget-based, or cash-flow, accounting-they report their present costs and figure their e

Explain why the operating cycle, The Operating Cycle Two Wheeler Cycle Shop...

The Operating Cycle Two Wheeler Cycle Shop buys all of its bikes from one manufacturer, Baxter Bikes. On average, bikes are on hand for 45 days before Two Wheeler sells them. The c

Revaluations, Revaluations Partners rarely revalue their assets and any r...

Revaluations Partners rarely revalue their assets and any revaluations may be carried out when a new partner is being admitted or an old partner is retiring.   To facilitate th

What is the turnover needed to earn, a company recorded for the past year a...

a company recorded for the past year a sales of 500,000 and an operating incme of 40,000. What is the turnover needed to earn in order to achieve an ROI of 20%

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd