Question: Big J s Credit Service is implementing the changes made by ASU 2 0 1 6 - 1 3 to its financial asset portfolios. In

Big Js Credit Service is implementing the changes made by ASU 2016-13 to its financial asset portfolios. In estimating credit losses under the new rules, which of the following informationshould Big J use:
Past information only
Current information only
Forecasted information only
Past events, current conditions and forecasted information

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