Multiple Choice
Which two functions are considered primary activities in financial accounting?
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1. Introduction to Accounting
Types of Accounting
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Which of the following is NOT one of the 5 Cs of credit?
A
Consistency
B
Capacity
C
Character
D
Collateral
Verified step by step guidance1
Understand the concept of the 5 Cs of credit, which are key factors lenders evaluate to determine a borrower's creditworthiness. These include Capacity, Character, Collateral, Capital, and Conditions.
Review each option provided in the question: Consistency, Capacity, Character, and Collateral.
Compare the options against the 5 Cs of credit. Identify which term is not part of the standard list of the 5 Cs.
Recognize that 'Consistency' is not one of the 5 Cs of credit, as it does not appear in the standard framework.
Conclude that the correct answer to the question is 'Consistency,' as it is not part of the 5 Cs of credit.
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