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
考研
Often referred to as "the heart of a factoring organization, "the credit department is responsible for granting credit to client
Often referred to as "the heart of a factoring organization, "the credit department is responsible for granting credit to client
admin
2016-03-22
22
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 through the factor.【F1】
When factored clients submit customer orders for credit approval, the credit department analyzes the financial condition and credit worthiness of the customer, 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.【F2】
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 only the factor is a commercial bank division, the credit manager is a bank vice president, and credit policy must also be approved through top management of the bank.
【F3】
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 through the credit specialists.
Credit supervisors typically spend about eighty percent of their time handling large customer orders. If only 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 only the subordinate is unsure of the extent of the credit risk or if only a client questions a particular credit decision. In extremely large credit exposures, supervisor’s 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.【F4】
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.
【F5】
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.
【F5】
选项
答案
一个监督人员的主要挑战是在客户提出所有消费定单均获得信贷批准的要求与一些消费者不确定的财务状况之间保持好的平衡。
解析
转载请注明原文地址:https://kaotiyun.com/show/BOsZ777K
0
考研英语一
相关试题推荐
Ahigh-profilepushbybusinessgroupstodoublethenumberofU.S.bachelor’sdegreesawardedinscience,mathandengineering
Mostparentssaygood-byetotheirkidsoneatatime.ButStephanieFurstenauAsklof,amiddle-schoolviceprincipalinDesMoi
WhyaretheOlympicGamessoimportant?ToanswerthesequestionsweneedtogobackinhistorytofindthemeaningoftheOlymp
Americansbelievenoonestandsstill.Ifyouarenotmovingahead,youarefallingbehind.Thisattituderesultsinanationof
Manisbornfreebutiseverywhereindebt.Intherichworld,gettingholdofyourfirstcreditcardisariteofpassagefarm
Manisbornfreebutiseverywhereindebt.Intherichworld,gettingholdofyourfirstcreditcardisariteofpassagefarm
Superiorcustomerservicecanbeanessentialsourceofstrengthascompaniesemergefromtherecession,butmanagersneedtoun
Thisweek,inWashingtonandcitiesacrossthenation,immigrantadvocates,clergymembersandlaborandbusinessleadershaveb
Dieting,accordingtoanoldjoke,maynotactuallymakeyoulivelonger,butitsurefeelsthatway.Nevertheless,evidencehas
Iamaddictedtoelectricity.Soareyou.Andsoisyourbusiness.Weliveinan"alwayson"world—airconditioners,streetlight
随机试题
破伤风的传播途径艾滋病的传播途径
急性白血病患者容易感染的最主要原因是
高效利尿药的不良反应不包括
寒证、痛证的面色变化为热证的面色变化为
甲参加乙旅行社组织的旅游活动。未经甲和其他旅游者同意,乙旅行社将本次业务转让给当地的丙旅行社。丙旅行社聘请丁公司提供大巴运输服务。途中,由于丁公司司机黄某酒后驾驶与迎面违章变道的个体运输户刘某货车相撞,造成甲受伤。甲的下列哪些请求能够获得法院的支持?(20
关于民事审判程序,表述正确的是()。
()是纵向工作扩大化的重要内容。
1950年上半年,松下电器的产品销售额为9.8亿日元,到下半年则大幅度增至17.2亿日元,几乎是原来的两倍。松下公司销售额猛增的主要原因是()。
现在电子商务时兴,网上购物有利有弊,好的方面在于方便,不好的方面在于存在标价不实甚至网络欺诈等现象,你怎么看待?
WhendidthemanleaveCanada?
最新回复
(
0
)