Question: What are credit risks? Question 1 9 Answer a . The risk or impact associated with the failure to meet statutory requirements. b . The
What are credit risks?
Question Answer
a
The risk or impact associated with the failure to meet statutory requirements.
b
The risk associated with the failure of customers to meet their loan commitments or obligations.
c
Losses incurred in organizations due to inappropriate systems or processes and because of human errors.
d
The process of identification and assessment of emerging and existing risks within financial institutions.
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