首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Often referred to as "the heart of a factoring organization" , the credit department is responsible for granting credit to clien
Often referred to as "the heart of a factoring organization" , the credit department is responsible for granting credit to clien
admin
2019-10-21
86
问题
Often referred to as "the heart of a factoring organization" , the credit department is responsible for granting credit to clients’ customers and for collecting the accounts receivable purchased by the factor. When factored clients submit customer orders for credit approval, the credit department analyzes the financial condition and credit worthiness of the customer, and then makes a decision to approve or decline the order. The department must then monitor the condition of approved customers and collect all due receivables. Careful credit checking and effective collection procedures in this department can greatly reduce the risks inherent in factoring.
As the head of the credit department, the credit manager is responsible for seeing that the department operates effectively. He must develop the factor’ s credit policies in consultation with senior factoring associates, and he is in overall command of everything from credit and collections to bankruptcy and liquidations. If the factor is a commercial bank division, the credit manager is a bank’ s vice president, and credit policy must also be approved by top management of the bank.
Assisting the credit manager may be several supervisors who have credit responsibilities of their own and who also oversee the analysis and approval of customer orders by the credit specialists. Credit supervisors typically spend about eighty percent of their time handling large customer orders. If a customer order exceeds a supervisor’ s credit authority, he is responsible for making recommendations to the credit manager. A supervisor also reviews a subordinate’ s credit decision if the subordinate is unsure of the extent of the credit risk or if a client questions a particular credit decision.
In extremely large credit exposures, supervisors bear the responsibility for analyzing the credit position of the customers and deciding on credit limits. To do this, they must regularly obtain current data from various credit information sources. They must also have extensive contact with each customer to determine operational performance and progress. Frequently, supervisors are called upon to give advice on what should be done to improve a company’ s financial condition. Meeting all these responsibilities requires that each supervisor continuously observe and study the industries with which he is concerned, so that he is capable of anticipating market changes which may affect his accounts.
A supervisor’s major challenge is to maintain a fine balance between the demands of clients that all their customer orders be approved and the questionable financial position of some of the customers. In reviewing any credit decision, a supervisor must be capable of weighing a variety of elements , including the possibility of losing the client, the customer’ s credit position, and the extent of any possible loss.
The word "anticipating"(Para. 4, Sent. 5)can be safely replaced by "______".
选项
A、bringing
B、preventing
C、protecting
D、expecting
答案
D
解析
A项意为“带来”,B项意为“防止”,C项意为“保护”,D项意为“期待”。做这类题,如果不认识所有单词,可以通过上下文来推测,上文提到“监督人必须不断地研究自己所在的领域才能承担其所有的责任”,推测这样做的目的是“了解这一领域的情况,避免市场的变化带来的冲击”,因为“市场的变化”是一种不利因素,是需要避免的,故排除A、c两项。而仅靠“了解所在领域的情况”是不可能“阻止”市场变化的,也排除B项。
转载请注明原文地址:https://kaotiyun.com/show/ATCd777K
本试题收录于:
公共英语四级笔试题库公共英语(PETS)分类
0
公共英语四级笔试
公共英语(PETS)
相关试题推荐
Whatdoesthespeakerwarnthestudentsagainstdoing?
Normallyastudentmustattendacertainnumberofcoursesinordertograduate,andeachcoursewhichheattendsgiveshimacr
InTheSorrowsofEmpire,ChalmersJohnsonadvancesthedisturbingclaimthattheUnitedStates’ColdWar-eramilitarypowerand
ToproducetheupheavalintheUnitedStatesthatchangedandmodernizedthedomainofhighereducationfromthemid-1860stoth
Recently,theWorldHealthOrganizationcarriesoutastudyover70,000teensin34nations.Thestudyisamongschoolchildren
Recently,theWorldHealthOrganizationcarriesoutastudyover70,000teensin34nations.Thestudyisamongschoolchildren
forty-threepercent
Howdoesawhalekeepitselfwarm?
Howdoesawhalekeepitselfwarm?
programme(s)
随机试题
验型是保证大型铸件质量、防止铸件产生缺陷所必需的重要工艺操作。但验型容易损坏砂型,所以合型后开型的次数以()次为宜。
设a是一个常数,且f(x)=a,则函数f(x)在点x0处().
波长为λ的X射线,投射到晶格常数为d的晶体上,取k=1,2,3,…,出现X射线衍射加强的衍射角θ(衍射的X射线与晶面的夹角)满足的公式为()。
当均质土坝或心墙坝施工质量不好,坝体坝基渗漏严重,可采用()处理。
债权人与债务人应当在合同中约定,债权人留置财产后,债务人履行债务的期限应当不少于()。
注册会计师运用分析程序的基础就是利用分析()各因素的内在关系。
2013年10月31日,甲公司应收乙公司的一笔货款500万元到期,由于乙公司发生财务困难该笔贷款预计在短期内容无法回收。甲公司已为该债权计提坏账准备100万元。当日甲公司就该项债权与乙公司进行协商,下列协商方案中,属于甲公司债务重组的有()。
A:Todaywearegoingtotalkaboutagreatinvention.Itlookslikeahumanbeing.【T1】________B:It’sarobot.【T2】________
梁朝简文帝诗云:“紫燕跃武,赤兔越空。”两句中赤兔指良马,紫燕亦指良马。李善注谢灵运诗云:“文帝自代还,有良马九匹,一名飞燕骝。”在古代,武威铜马足下的飞燕无疑是用来比喻良马之神速。这种造型让人一看便知其意,所以铜马应直截了当取名为“紫燕骝”或“飞燕骝”,
Themoneyisthere.Sowhyisitnotbeingspent?Thatisthebigpuzzleabouttherichworld’seffortstoimprovehealthinpoo
最新回复
(
0
)