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IBM C1000-010 Exam - Topic 5 Question 24 Discussion

GoodCreditLoans is a financial company that wants to create an automated loan approval application. They currently have an application that uses hard-coded logic and manual checks to assess loan applications, generate payment reminders, send marketing emails to potential clients, and create monthly sales reports. The existing application uses these entities: MarketingContact, Equipment, Loan, Reminder, Applicant, SalesReport.Here are some example rules harvested during rule discovery for the new automated loan approval application:What two entities are needed to write the loan approval business rules? (Choose two.)
B) Reminder and C) Applicant
A) Loan
D) SalesReport
E) MarketingContact

IBM C1000-010 Exam - Topic 5 Question 24 Discussion

Actual exam question for IBM's C1000-010 exam
Question #: 24
Topic #: 5
[All C1000-010 Questions]

GoodCreditLoans is a financial company that wants to create an automated loan approval application. They currently have an application that uses hard-coded logic and manual checks to assess loan applications, generate payment reminders, send marketing emails to potential clients, and create monthly sales reports. The existing application uses these entities: MarketingContact, Equipment, Loan, Reminder, Applicant, SalesReport.

Here are some example rules harvested during rule discovery for the new automated loan approval application:

What two entities are needed to write the loan approval business rules? (Choose two.)

Show Suggested Answer Hide Answer
Suggested Answer: B, C

by Levi at May 03, 2022, 05:42 AM

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Asuncion
8 months ago
Not sure if this automated system will really work as planned...
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Larae
8 months ago
Totally agree, Loan and Applicant are the key ones!
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Marica
8 months ago
Wait, why would SalesReport be needed for loan approval? Seems off.
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Armando
8 months ago
I think Reminder is also important for follow-ups!
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Leontine
8 months ago
Definitely need the Loan and Applicant entities for approval rules.
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Tasia
9 months ago
From what I studied, the Loan and Applicant entities are essential for writing the business rules. They both contain the necessary data for assessing loan applications.
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Ernest
9 months ago
I’m a bit confused about the Reminder entity. It seems more related to notifications rather than the approval process itself. I feel like it’s not one of the two we need.
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Shanda
9 months ago
I think we definitely need the Loan entity since it directly relates to the approval process. But I'm not sure if we also need the Applicant or something else.
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Jesse
9 months ago
I remember a practice question where we had to identify key entities for a similar scenario. I think Applicant is crucial too, as it contains the information about who is applying for the loan.
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Lavera
9 months ago
I'm pretty sure the answer is the OECD Privacy Principles, since that's a well-known international framework for data privacy.
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Laticia
9 months ago
Okay, let's see here. The key is that we need to grant permissions to local administrators in multiple offices, so I'm thinking administrative units or access packages might be the way to go. I'll weigh the pros and cons of each.
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Mila
9 months ago
This seems like a straightforward question about risk management. I'll carefully consider the options and go with the one that best aligns with project management best practices.
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