Companies frequently use information from the following sources when conducting their credit analysis:
I.financial statement supplied by the customer;
II.payment history supplied by other firms;
III.payment history supplied by banks
A)I only
B)II only
C)II and III only
D)I, II, and III

Question

Quizplus · Accepted Answer

Companies use information from multiple sources when conducting credit analysis, including financial statements supplied by the customer, payment history supplied by other firms, and payment history supplied by banks. By examining all of this information, companies can make informed decisions about extending credit to a customer.

Companies Frequently Use Information from the Following Sources When Conducting