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Often referred to as 'the heart of a factoring organization', the credit department is responsible for granting credit to clients' customers and for collecting the accounts receivable purchased by the factor. When factored clients submit customer orders for credit approval, the credit department analyzes the financial condition and credit worthiness of the customer, and then makes a decision to approve or decline the order. The department must then monitor the condition of approved customers and collect all due receivables. Careful credit checking and effective collection procedures in this department can greatly reduce the risks inherent in factoring.

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阅读赏析本文主要讲述了信用部门的职责和权力。作为代理机构的核心,信用部门对客户信贷活动负责,并收集应收款项。......

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Task 1Directions: After reading the following passage, you will find 5 questions or unfinished statements, numbered 36 through 40. For each question or statement there are 4 choices marked A, B, C, and D. You should make the correct choice.Today almost everybody is using a cell phone. Now people are able to carry their phones wherever they go. They are making phone calls, regardless of the time, place and situation. ',It is tree that technology is making our lives easier and more practical. For example, today parents like their children to carry cell phones so that they can reach them at any time.From my point of view, the cell phone is necessary for emergency(紧急情况) situations and for business. It's also practical to avoid stress. Unexpected problems are always cropping up(突然出现), and using a cell phone can get rid of the stress they cause. For example, if you are in a traffic jam and know you will arrive late to work, you can call your boss and in form. him of the situation, overcoming this unexpected problem. Or, if you have a small car accident, you can call people to inform. them of your situation.The widespread use of this device is amazing. It has become an important part of our daily lives. Whenever people forget their phones at home, they feel uncomfortable or unable to function. Another advantage of having a cell phone is that you can connect to the Internet and check your e-mail. In addition, you can access information such as news or movie theater schedules. Life is now fast and busy, and this high tech communication device has become a must. We need cell phones to keep up with the fast pace of life and the new demands of life in our ever changing world.Cell phones can make our life ______.