Alan, an accountant in a law firm, is summarizing his company’s expenses and revenue in the form of an income statement. however, he has been told that the statement is being prepared for the business’s internal audience alone, that is, the firm’s management authorities. which title should alan give the income statement?
a.
statement of earnings
b.
statement of profits
c.
profit and loss account
d.
statement of incom

answer; commerce clearing house;

answer; sensory adaptation;

credit history is used by lenders to determine whether you are a 'risky' person to give their money to.

having a short history provide very little data for the lenders. they wouldn't be able to determine your credit behavior from such a small samples. even if they are perfect.

having long credit history with few blemishes provide larger and more accurate data for the lenders to predict your credit behavior.