Automated underwriting systems offer the following benefits EXCEPT:

(a) Immediate feedback for correcting deficiencies
(b) Speed and low operating cost
(c) Objective-free of discrimination
(d) Reduced closing cost to borrower

Answer: (d) Reduced closing cost to borrower

Business

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The Web phase of Internet and social media, customer engagement, cloud operations, and Web participation was:

A) Web 1.0 B) Web 2.0 C) Web 3.0 D) Web 4.0

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Which of the following characteristics should the winning candidate most likely possess if Ace executives desire a CEO with a global mind-set?

A) open-minded about diversity B) subjective ethical standards C) fluency in two languages D) proponent of cultural imperialism

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