INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

question 25

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.
Information provided on a credit application is used by the lender to try to determine whether the applicant has the character and [ capacity | condition ] to handle the debt in a prompt and timely manner.

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Definitions:

Information Technology

Information technology is the combination of machines, artifacts, procedures, and systems used to gather, store, analyze, and disseminate information for translating it into knowledge.

Simplicity

The quality or condition of being easy to understand or do, often sought in design, communication, and processes to improve usability and comprehension.

Flexibility

The capability to adapt to new, different, or changing requirements, conditions, or environments.

Responsiveness

The quality of reacting quickly and positively; in a business context, it often refers to the speed and efficiency with which an organization responds to customers or changes.