Calculate debt costs

Description

Calculate the amount of money owed and apply basic numeracy principles to do so.

Alternative labels

forecast debt costs
calculate a debt cost
count debt costs
measure debt costs
calculating a debt cost
calculating debt costs
tally debt costs

Skill type

skill/competence

Skill reusability level

sector-specific

Relationships with occupations

Essential skill

Calculate debt costs is an essential skill of the following occupations:

Debt collector: Debt collectors compile debt owned to the organisation or third parties, mostly in cases when the debt is past its due date.

Tax clerk: Tax clerks collect financial information in order to prepare accounting and tax documents. They also perform clerical duties.

Optional skill

Calculate debt costs is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.

 


 

References

  1. Calculate debt costs – ESCO

 

Last updated on September 20, 2022