SAINT JOSEPH COLLEGE, MAASIN, LEYTE

Maasin City, Southern Leyte

6600 Philippines

QUIZ
Business Finance – ABM 12 – B

Name: ________________________________ Grade & Section: _________ Date: ________________ Score: ____________

 Essay: Answer accordingly.

1. Why you need to improve your credit score? (10 pts.)

2. Why we need to consider the cost of credit? (10 pts.)
3. Why banks have documentary requirements for a loan application? (10 pts.)
4. Why business owner and creditor are partners in growing a business? (20 pts.)