IIA
IIA-CFSA · Question #73
Management of the lending institution sets a reserve for loan losses at a given point based on such factors as mentioned below EXCEPT:
The correct answer is D. Loan portfolio. See the full explanation below for the reasoning.
Question
Management of the lending institution sets a reserve for loan losses at a given point based on such factors as mentioned below EXCEPT:
Options
- ANumber and type of loans made
- BQuality of loans made
- CHistorical loss experience
- DLoan portfolio
How the community answered
(29 responses)- A10% (3)
- B3% (1)
- C14% (4)
- D72% (21)
Community Discussion
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