1.

How Does A Credit Rating Differ From An Audit ?

Answer»

A credit rating agency relies on a variety of INFORMATION sources, including published annual REPORTS. An audit PROCESS is designed to detect FRAUD or misrepresentation of information, WHEREAS the credit rating process is not.

A credit rating agency relies on a variety of information sources, including published annual reports. An audit process is designed to detect fraud or misrepresentation of information, whereas the credit rating process is not.



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