Why do applications for business credit typically require a more thorough investigation than applications for consumer credit

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Why do applications for business credit typically require a more thorough investigation than applications for consumer credit and what sources of information can be tapped to provide this more thorough level of investigation?

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Auditing Cases An Interactive Learning Approach

ISBN: 978-0132423502

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Authors: Steven M Glover, Douglas F Prawitt

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Posted Date: Apr 02, 2024 05:21 AM

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Why do applications for business credit typically require a more thorough investigation than applications for consumer credit

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Applications for business credit regularly require a more careful examination than applications for customer credit because of a few reasons 1 Higher Risk Business credit frequently includes bigger am... View the full answer

Auditing Cases An Interactive Learning Approach

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