题目
When determining the capacity of a borrower to service debt, a credit analyst should begin with an examination of:
选项
A.industry structure.
B.industry fundamentals.
C.company fundamentals.
答案
A
解析
： A is correct. Credit analysis starts with industry structure—for example, by looking at the major forces of competition, followed by an analysis of industry fundamentals—and then turns to examination of the specific issuer. ： 这道题目问的是在确定借款人偿债能力时，信用分析师应首先检查： A是正确的。信用分析从行业结构开始，例如，通过观察竞争的主要力量，然后分析行业基本面，然后转向对特定发行人的审查。