Since defaults can be costly,it is cost-effective to undertake a full credit analysis of all customers.

Name: Since defaults can be costly,it is cost-effective to undertake a full credit analysis of all customers.
Brand: Quizplus
Rating: 4.9 (44 reviews)

Question

Quizplus · Accepted Answer

A full credit analysis for all customers can be expensive and time-consuming, and may not be cost-effective for smaller accounts or low-risk customers. Instead, businesses often use a tiered approach, focusing detailed analysis on higher-risk or higher-value customers.

Since Defaults Can Be Costly,it Is Cost-Effective to Undertake a Full