Credit Scoring Systems Can Be Used To

question 57

Multiple Choice

Credit scoring systems can be used to:

• A)Reduce the effective cost of trade
• B)Determine the cost of goods sold
• C)Evaluate Dun & Bradstreet reports
• D)Evaluate credit risk based on the borrower's characteristics

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Definitions:

Watson

John B. Watson, an American psychologist who established the psychological school of behaviorism, emphasizing the study of observable behavior over the study of the mind.

Allen Memorial Hospital

A medical facility known for its contributions to psychiatric research and treatment, historically associated with McGill University.

Psychoanalysis

A therapeutic approach aimed at uncovering the unconscious mind to treat psychopathologies.

Criminally Insane

A legal term used to describe a person who is found to be not responsible for their crimes due to mental illness.