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Which statement accurately describes differences between loan loss provisions and nonperforming loans? Loan loss provisions tend to rise with poor economic conditions while nonperforming assets
Which statement accurately describes differences between loan loss provisions and nonperforming loans? Loan loss provisions tend to rise with poor economic conditions while nonperforming assets do not. Nonperforming assets represent specific asset delinquencies while loan loss provisions do not. Loan loss provisions represent cash that is not coming in while nonperforming assets do not. Nonperforming assets can be reversed while loan loss provisions cannot
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