Which of the Following Are True Regarding Credit Scoring Systems

question 91

Multiple Choice

Which of the following are true regarding credit scoring systems?

• A) Lower scores are better than higher scores.
• B) Scoring systems are based on statistical studies.
• C) Credit unions calculate and sell credit scores to lenders.
• D) Females receive higher score than males.
• E) All of the above.

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Definitions:

Bloom's Taxonomy

A framework for categorizing educational objectives into levels of complexity and specificity, ranging from basic knowledge recall to advanced evaluation and creation.

Training Objectives

Specific goals that a training program aims to achieve, often defined in terms of desired knowledge, skills, and attitudes of the participants.

Cost Vs. Benefits

Cost vs. Benefits is an analysis method that compares the costs of an action or investment against the expected benefits in order to make informed decisions.

E-learning

The use of electronic technologies to access educational curriculum outside of a traditional classroom, typically on the internet.