Which of the Following Is True About Credit Bureaus in Canada

question 53

Multiple Choice

Which of the following is true about credit bureaus in Canada?

• A)There are two federally appointed credit bureaus in Canada.
• B)It is impossible to have a better credit score at one bureau than another.
• C)Lenders may access your credit information without your permission.
• D)Lenders may use more than one credit bureau for information.

---

Definitions:

Senior Management

The highest level of management in an organization, responsible for strategic decision-making.

Organizational Performance

A measure of how effectively an organization achieves its objectives, often evaluated through metrics such as profitability, efficiency, and productivity.

Needs Analysis Process

A systematic approach to identifying gaps between current conditions and desired states or outcomes.

Stakeholder

Any individual or group that has an interest or concern in an organization's activities and outcomes.