INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

question 75

Short Answer

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
The purpose of the debt service ratio is to show the amount of income needed to pay your [ current liabilities | monthly loan payments ].

---

Definitions:

Core Processes

Fundamental business operations and activities that are critical to an organization's success and delivery of its primary value proposition.

Eliminate Delays

The process of removing obstacles or hindrances that cause a slowdown in workflow or project progress.

Michael Hammer

An American engineer, management author, and a proponent of reengineering business processes to improve performance.

Work Process

A sequence of steps or activities that are carried out to achieve a specific goal within an organization.