While Credit Scoring Provides Sound Credit Information, It Is Frequently

question 199

Multiple Choice

While credit scoring provides sound credit information, it is frequently NOT used in business because

• A) scoring standards are too rigid.
• B) the scoring information is difficult to obtain.
• C) most business transactions involve mercantile credit which cannot be scored.
• D) mercantile credit decisions are easily quantifiable.

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Definitions:

Bottom-up Processing

A type of information processing that begins with sensory input and builds up to the formation of a perceptual output.

Visual Agnosia

A neurological disorder characterized by the inability to recognize familiar objects despite having normal vision, typically caused by damage to the brain.

Occipital Cortex

Occipital Cortex is the part of the brain located in the occipital lobe responsible for processing visual information.

Parietal Cortex

A region of the brain's outer layer, involved in processing sensory information such as touch, spatial orientation, and navigation.