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iSQI CTFL-AcT Exam - Topic 1 Question 26 Discussion

Assume you would like to create a model describing a loan request process in a bank.The loan request process starts when the customer submits a loan application. The bank then reviews the application. Regardless of whether the loan request is approved or not, a letter is sent to inform the customer of the decision. If the request is approved, the loan contract is created.You have drawn the following business process model using BPMN 2.0.Which one of the following sentences is true with respect to this process model?
B) Creating the loan contract is defined as a sub-process.
A) Verifying employment is not done when the loan status is rejected.
C) Performing title search and requesting credit report are sequential tasks.
D) A review credit report is optional when reviewing the loan application.

iSQI CTFL-AcT Exam - Topic 1 Question 26 Discussion

Actual exam question for iSQI's CTFL-AcT exam
Question #: 26
Topic #: 1
[All CTFL-AcT Questions]

Assume you would like to create a model describing a loan request process in a bank.

The loan request process starts when the customer submits a loan application. The bank then reviews the application. Regardless of whether the loan request is approved or not, a letter is sent to inform the customer of the decision. If the request is approved, the loan contract is created.

You have drawn the following business process model using BPMN 2.0.

Which one of the following sentences is true with respect to this process model?

Show Suggested Answer Hide Answer
Suggested Answer: B

by Ma at Jun 19, 2022, 01:23 AM

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Daniel
10 months ago
C makes sense, title search and credit report usually go hand in hand.
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Robt
10 months ago
B sounds off, creating a contract should be a main task, not a sub-process.
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Roslyn
10 months ago
Surprised that D suggests the credit report is optional!
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Cristy
10 months ago
I disagree, I think C is the right answer.
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Lisbeth
10 months ago
A is definitely true, no need to verify if rejected.
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Gracie
11 months ago
D seems a bit off to me; I thought reviewing the credit report was a standard step in the loan application process, not optional.
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Jenifer
11 months ago
I feel like C could be correct because sequential tasks usually happen one after the other, but I need to double-check that.
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Genevive
11 months ago
I’m not sure about the sub-process part in B. I thought creating the loan contract was just a task, not a sub-process.
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Buck
11 months ago
I remember we discussed how verifying employment typically happens before a loan is approved, so I think A might be true.
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Tiera
11 months ago
I'm a bit confused by the wording of the question. Does "most likely" mean the highest probability, or the earliest time frame? I'll need to think this through carefully.
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Darrin
11 months ago
I feel like cash-to-cash cycle time might be relevant too, especially when looking at how quickly we can deliver after an order. Wasn't there a practice question on that?
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Laquita
11 months ago
This question seems straightforward, I think I can handle it.
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Renato
11 months ago
I'm a bit confused by this question. There are a few different IPv6 first hop security features, and I'm not sure which one specifically deals with neighbor device discovery traffic. I'll have to make an educated guess on this one.
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