Multiple choice technology mainframe

In Globestar, which of the following status code in block-code represents the account is in the final charge-off stage.

  1. A

  2. I

  3. Z

  4. D
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

In Globestar, status code 'Z' in the block-code indicates the account is in the final charge-off stage. Charge-off is the final stage of delinquency where the debt is written off as uncollectible. Codes A, I, and D likely represent other stages like active, inactive, or delinquent status.

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