Exhibit 17

question 98

Essay

Exhibit 17.9.A bank manager is interested in assigning a rating to the holders of credit cards issued by her bank.The rating is based on the probability of defaulting on credit cards and is as follows.

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Definitions:

Land Held

Land held pertains to property owned by an entity as an investment or for future use, not immediately purposed for business operations.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against an asset over its useful life, reducing its book value.

Original Cost

Original Cost refers to the initial monetary value of an asset or investment at the time of purchase, before any depreciation, amortization, or impairment charges are applied.

Accumulated Depreciation

The cumulative depreciation expense registered for an asset from the time it was initially utilized.