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IIA

IIA-CFSA · Question #350

Letters of credit are also known as:

The correct answer is D. Customer acceptances. See the full explanation below for the reasoning.

Question

Letters of credit are also known as:

Options

  • AAllowance for loan losses
  • BBond indentures
  • CTerm certificate
  • DCustomer acceptances

How the community answered

(50 responses)
  • A
    2% (1)
  • B
    4% (2)
  • C
    10% (5)
  • D
    84% (42)

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