Which statement best describes a key benefit of inferring analytical results from an initial review of a company's financial statements?

1.It saves time by reducing the amount of interaction required with borrowers.

2.It helps you to understand whether the accounts have been correctly prepared.

3.It allows you to make a lending decision as long as no significant risks are noted.

4.It allows you to screen out high-risk loan applications at a relatively early stage in the process.

Which statement best describes a key benefit of inferring analytical results from an inital review of a company's financial statements? It saves time by reducing the amount of interaction required with borrower It helps you to understand whether the accounts have been correctly prepared It allows you to make a lending decision as long as no significant risks are noted It allows you to screen out high-risk loan applications at a relatryely early stage in the prociess