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CGFM Test 3 (2) 2025 Questions and Answers Activity Measure - --Answer --A measure to monitor a credit program. Indicates the volume of activity performed. Ex: # of loans outstanding, $ of loans outstanding, volume of loans generated during the past year, quarter or month... Effectiveness measures - --Answer --A measure to monitor a credit program. Indicates the extent to which the program is achieving the intended results and the effectiveness of different collection techniques. Ex: % of enrollment increase per million dollars of student loans, # of jobs created per million dollars of small business loans Status Measures - --Answer --A measure to monitor a credit program. Indicates the quantity and quality of the loans made and retained. Ex: # of delinquent accounts, $ amount of delinquent accounts Efficiency Measures - --Answer --A measure to monitor a credit program. Indicators of the cost per unit of various operations, including the various collection techniques. Ex: Cost per Loan processed, cost per dollar collected... ....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1