Business process modeling tools differ from business process management systems (BPMS) in that business process modeling tools are aimed at business process analysis and design and BPMS are used only to manage processes

Indicate whether the statement is true or false.

Answer: FALSE

Business

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The concept of justice means that people should be treated in an equitable or fair fashion.

a. true b. false

Business

Minimum standards for mortgages, which have been established through rulemaking proceedings mandated by the Dodd-Frank Act, include a requirement to:

a. Offer all borrowers fixed-rate loans b. Establish standards for the evaluation of the repayment ability of borrowers c. Set minimum down payment requirements for all lending transactions d. Prohibit the origination of subprime loans

Business