Main Question Set 10 Review Later What should NOT be included in the conclusion and recommendation section of the credit application? The analyst's comfort level with the loan structure and collateral. The key strengths and weaknesses of the company and the transaction Why the analyst is comfortable with the risks of the transaction A short summary of the points discussed throughout the application Page 10 of 15 Prev Page Next Page Main Question Set 12 Review Later Which of the following is a factor that should have been included or discussed in Stampede's credit application? Detailed year-over-year financial information and ratios for each account. Succession planning regarding the likely impending retirement of the CEO Risks of company management being run entirely by the same family. Comprehensive analysis of Stampede's two main competitors. Main Question Set 13 Review Later What is one of the most important writing rules to keep in mind when writing the credit application? The credit application should be written as if the audience was a regular person, avoiding any financial jargon, A credit analyst should aim to include as much detail in each section as possible to avoid leaving out any potential items that may affect the credit decision Any information presented should be concise, clear, well-structured, and relevant. Any redundant or irrelevant details should be left out The credit application should be structured in proper paragraphs as it is an official document