In order to be more profitable by increasing sales, Thrifty Bank has an external focus, concentrating on strategic planning, risk taking, and flexibility over stability. This is an example of a hierarchy culture.

If a seller-assisted down payment is part of a transaction, the broker should cooperate with appraisers, put information regarding the transaction terms into the MLS, and recommend tax counsel to the buyer and seller.

a. true b. false

What role does the information systems steering committee play in the systems development process?

A) It guides project development. B) It is an executive-level group established to plan and oversee the information systems function. C) It designs system controls and periodically monitors the system to verify the controls are implemented and functioning properly. D) It guides project implementation.