Which of the following statements is false regarding credit risk analysis?

A. A lender is protected against credit risks by a loan's covenant provisions since the interest rate is fixed by the Federal Reserve Bank

B. High-quality financial statements help a credit analyst to see the true performance at a company.

C. Greater default risk is determined to exist when there is significant organizational reliance on a certain individual or customer.

D. An estimate of a firm's future financial condition is very important to most lending decisions.