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3 Which of the following statements about appropriate credit administration and documentation is NOT true? Less comprehensive documentation is better in the event of borrower

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3 Which of the following statements about appropriate credit administration and documentation is NOT true? Less comprehensive documentation is better in the event of borrower default. Better information allows creditors to make more informed decisions. Good practices provide more flexibility to respond to changes in a borrower's circumstances. There is increased comfort in protection against credit quality deterioration and loan default by the borrower

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