Raul Works in the Mortgage Loan Department of a Bank

question 2

Multiple Choice

Raul works in the mortgage loan department of a bank.He enters information on credit applications into the bank's computer system.The system has a program that evaluates the loan application and gives it a score.Raul is using a(n) ________.

• A)expert system
• B)enterprise resource planning system
• C)decision support system
• D)information interface

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Definitions:

Variable Categories

Classes or groups of variables in statistics or data analysis that can take on different values and are used to categorize or differentiate data points.

Contribution Margin

The amount remaining from sales revenue after variable expenses have been deducted, indicating the amount available to cover fixed costs and generate profit.

Gross Margin

The difference between sales revenue and the cost of goods sold, which represents the profitability of selling goods.

Gross Margin

The difference between sales revenue and the cost of goods sold, indicating the profitability of a company's core activities.