A working file describes the assessment of a significant increase in credit risk. Which of these statements is wrong?Your answerAThe entity compares the risk of default at the reporting date with that at initial recognition.BThe significant increase is measured by the increase in the amount of expected loss between the two dates.CThe assessment relies on reasonable and supportable information available without undue cost or effort.DThe assessment is relative: the same change in the risk of default may be significant for one instrument and not for another.SubmitHint