A bank is considering implementing a business rules management system for assessing the risk and creditworthiness of individuals as part of the loan approval process. • List and explain 3 benefits of such a system? • List 2 potential legal or ethical issues that might arise in the use of such a system

Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter6: Cash And Internal Control
Section: Chapter Questions
Problem 6.2AP
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A bank is considering implementing a business rules management system for assessing the risk
and creditworthiness of individuals as part of the loan approval process.
• List and explain 3 benefits of such a system?
• List 2 potential legal or ethical issues that might arise in the use of such a system

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