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Q: What are credit control instrument?
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Is letter of credit a financial instrument?

A letter of credit is a financial instrument. It should be treated as such and guarded like you would a credit or debit card.


Examples of credit instrument?

A credit instrument is something that can be used instead of money. Some examples are promissory notes, checks, and credit cards.


What instrument are used in trade credit?

instruments in trade credit


What type of instrument is the Scada Control?

Scada control is a type of instrument that used in industrial. This type of instrument is based on computer system that control data acquisition for the industrial.


An instrument of qualitative credit control of India is?

Mainly there are three qualitative instruments:1. Open market operations2. Bank rate3. Cash reserve ratio


Advantages of credit instrument?

Kutty ke bachy


Why credit card is not a negotiable instrument?

A credit card is not a negotiable instrument because it does not meet the legal requirements to be classified as one. Negotiable instruments must be unconditional promises to pay a fixed amount of money, which credit cards do not fulfill. Additionally, credit cards involve the extension of credit rather than a direct payment.


Selective credit control?

pappu can't dance sala.............. is selective credit control.


What does a credit derivative refer to?

A credit derivative is a financial instrument which separates and transfers some of the credit risk of a loan. Some examples of credit derivatives are credit linked notes or credit default swaps.


The receivable that is usually evidenced by a formal instrument of credit is an?

note receivable


What receivable is usually evidenced by a formal instrument of credit?

note receivable


What are the function of credit control department?

The functions of the credit control department include the effective and efficient control and collection of all income and debt management.