D. Loan policy package and credit write-up should 35. To reduce loan coding and booking errors, a loan D. Board of directors 36. The current ratio is an example of a quantitative item that describes whwch Financial position at a point in time B) Financial performance over a period of time c. Profitability of a business D. Efficiency of a business Which types of factors typically are used to allow for a simpler format for an annual & Credit quality (risk rating, status of financial reporting, etc) review of a credit? Collateral type (inventory, real estate, etc.) C) Interest rate or pricing (floating, fixed, tied to prime, etc.) Legal entity structure (sole proprietorship, S corporations, etc.) 38. Which loan package component is a written description of the loan request a related financial analysis? nd A. Financial spreads and attachments B, Cover pages C Loan approval memorandum Commitment letter 39. For very large lending relationships, an annual review format usually resembles what other document? other e A Business development call report Loan approval package and credit memorandum C. Commitment letter D. Financial statement spreads 40. In which situation is an annual review of a loan not necessary? A. The loan's interest rate is well above prime and is profitable for the bank B. The loan is fully secured by collateral at advance rates that comply with loan policy C. The loan has been adequately analyzed as part of another loan package, i.e. the customer has more than 1 loan. D) All financial reporting is current or up to date