A(n) _____ uses statistical and other analyses to automate the loan underwriting process, loan origination, collateral scoring, and appraisal.

Fill in the blank(s) with the appropriate word(s).


Automated valuation system (AVS)

An Automated Valuation System (AVS) uses statistical and other analyses to automate the loan underwriting process, loan origination, collateral scoring, and appraisal.

Business

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Whether you should or should not agree on something in a negotiation depends entirely upon the attractiveness to you of the best available alternative. The acronym for this alternative is ________.

Fill in the blank(s) with the appropriate word(s).

Business

Which of the following statements is true of liability to third persons?

A. Contract law has been widely used by third persons suffering damages as a result of an accountant's breach in the absence of special circumstances. B. At common law, recovery by a creditor was not permitted on the theory that the creditor was a third-party beneficiary of the contract employing the accountant. C. Historically, third-party suits against accountants were generally permitted by the privity doctrine. D. Common law required showing that the accountant was aware that the audit was ordered to satisfy the demand of a creditor or prospective creditor.

Business

Which of the following would be considered a secondary decision-maker?

A) a credit department staffer employed by the same company as the salesperson B) the administrative assistant who works for the CEO of an established customer C) a shipping department worker employed by the same company as the salesperson D) the secretary who provides support services for the sales staff E) the accounts payable clerk who works for the vendor

Business

Your employee in another location is perpetually late submitting work. You must confront him about his lateness and discuss a solution for the problem. Your email to him says:

a. I am tired of your work being late. Fix the problem or you're fired! b. Can we chat today about your upcoming project deadlines and your plans to meet them? c. Do you know what time it is? Time for you to get to work! Ha! Ha! (JK!!!) d. Your late submissions have become intolerable.

Business