Multiple Choice
Which of the following should be part of the written loan policy?
A) Lending authority of each loan officer and loan committee
B) Lines of responsibility for finding and reporting information within the loan department
C) A statement of quality standards for all loans
D) A statement for the preferred upper limit for total loans outstanding
E) All of the options should be part of the written loan policy
Correct Answer:

Verified
Correct Answer:
Verified
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