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IIA

IIA-CFSA · Question #75

When a loan becomes delinquent or when collection seems unlikely, banks often suspend:

The correct answer is A. Accrual of interest. See the full explanation below for the reasoning.

Question

When a loan becomes delinquent or when collection seems unlikely, banks often suspend:

Options

  • AAccrual of interest
  • BDeferral of interest
  • CLoan losses

How the community answered

(22 responses)
  • A
    86% (19)
  • B
    9% (2)
  • C
    5% (1)

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