Why is it a prudent policy to separate credit appraisal and sanctioning from the work out function?

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Financial Accounting Information For Decisions

ISBN: 978-0324672701

6th Edition

Authors: Robert w Ingram, Thomas L Albright

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Posted Date: Apr 03, 2024 08:45 PM

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Why is it a prudent policy to separate credit appraisal and sanctioning from the work out function?

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1 Conflict of Interest Issue When the same team or individuals handle credit appraisal and work out functions theres a risk of conflict of interest Ap... View the full answer

Financial Accounting Information For Decisions

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