When Trying to Assess the Credit Standing of a Customer

question 39

Multiple Choice

When trying to assess the credit standing of a customer, a financial analyst could use which of the following sources?

• A)Credit ratings and reports from credit agencies.
• B)Financial statements of the credit applicant.
• C)Other suppliers.
• D)All of the above.

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Definitions:

Cloud Computing Tools

Tools and applications designed for managing and operating services, applications, and data hosted in the cloud.

Relational Database Management Tools

Software systems used to manage relational databases through a user-friendly interface, enabling the creation, maintenance, and manipulation of relational databases.

Databases

Structured collections of data or information, typically organized in a way that supports efficient retrieval, management, and processing.

Tablets

Portable computing devices featuring a touch screen interface, larger than smartphones but smaller than laptops in size.