Which of the following best describes Altman’s Z-score

Which of the following best describes Altman’s Z-score
A . A calculation of default probabilities
B . A regression of probability of survival against a given set of factors
C . A numerical computation based upon accounting ratios
D . A standardized z based upon the normal distribution

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Answer: C

Explanation:

Choice ‘c’ correctly describes Altman’s z-score. All other choices are incorrect.