One of our banks has three loan officers -- one officer handles home and personal loans, one officer handles commercial or business loans, and one officer handles agricultural loans. This practice is a form of credit risk management known as: A. Screening B. Restrictive covenants C. Specialization in lending

One of our banks has three loan officers -- one officer handles home and personal loans, one officer handles commercial or business loans, and one officer handles agricultural loans. This practice is a form of credit risk management known as: A. Screening B. Restrictive covenants C. Specialization in lending

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter5: Sales And Receivables

Section: Chapter Questions

Problem 93.1C

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QUESTION 5 One of our banks has three loan officers -- one officer handles home and personal loans, one officer handles commercial or business loans, and one officer handles agricultural loans. This practice is a form of credit risk management known as: A. Specialization in lending B. Screening C. Restrictive covenants
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