Question

How do the primary output deliverables of Credit Rating Agencies (CRAs) differ from those of Credit Information Companies (CICs)?

A CRAs issue numerical scores (e.g., 300–900), whereas CICs assign letter-based ratings (e.g., AAA, BBB, D).
B CRAs assign letter-based ratings (e.g., AAA, BBB, D), whereas CICs provide numerical scores (e.g., 300–900) and detailed credit reports.
C CRAs issue solvency certificates, whereas CICs issue equity valuation reports.
D CRAs provide letter-based ratings, while CICs issue sovereign guarantee certificates.
E Both CRAs and CICs issue identical numerical scores from 1 to 100.
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