In credit analysis of a customer, commonly used information includes the customer's:
A)financial statements.
B)credit report.
C)payment history with the firm.
D)All of the above.
E)Both B and C.

Question

Quizplus · Accepted Answer

All of the options listed are commonly used information in credit analysis of a customer. Financial statements provide insights into the customer's financial health, while credit reports detail past credit history and behavior. Payment history with the firm provides specific insights into how the customer has conducted business with the firm in the past.

In Credit Analysis of a Customer, Commonly Used Information Includes