One Reason Why Rater Error Training (RET) Does Not Appear

question 69

Multiple Choice

One reason why Rater Error Training (RET) does not appear to improve rating accuracy is that:

• A)raters can never avoid making rating errors.
• B)raters are more concerned with politics than with rating accuracy.
• C)true halo may be occurring.
• D)the training takes too much time to implement.

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Definitions:

Calendar Quarter

A period of three consecutive months within a calendar year used for financial and business reporting.

Compounded Monthly

A method of calculating interest where interest is added to the principal balance of an investment or loan once a month.

Future Value

The value of an investment or asset at a specified date in the future, taking into account factors such as interest rates or earnings.

Ordinary Annuity

A sequence of identical payments that are distributed at consistent intervals, where the initial payment is made at the conclusion of the period.