Post Utme Noun 2019 Commerce Question 40

Practice objective / multiple choice question 40 from the 2019 Post Utme Noun Commerce examination.

Post Utme Noun 2019 Commerce Objective / Multiple Choice
Question 40 POST_UTME_NOUN • 2019 • COMMERCE • objective

A bank uses a risk management system to identify and mitigate potential risks in its investment portfolio. The system includes a credit risk module that uses a credit scoring model to evaluate the creditworthiness of its borrowers. What is the primary benefit of using a credit scoring model in this credit risk module?

Answer Options

Correct Answer A. Improved credit risk assessment
B. Reduced credit risk
C. Enhanced credit scoring accuracy
D. Increased credit risk exposure
Correct Answer
A
Correct Option:
Improved credit risk assessment

About This Question

This is Post Utme Noun 2019 Commerce Question 40. It is one of the objective questions from the 2019 Post Utme Noun Commerce examination.

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