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UIC Business Rules Requirements (7/2/2010)Required 1: Submission of the business object or data element is mandatory. If a required object or element is missing (blank value), in an incorrect format,
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Business rules are specific standards or guidelines that dictate how business processes and transactions should be conducted within an organization.
Any individual or entity that is involved in the business processes or transactions governed by the business rules may be required to file them.
Business rules can be filled out by documenting them in a formal policy document or by using a business rules management system.
The purpose of business rules is to ensure consistency, compliance, and efficiency in business operations.
The information that must be reported on business rules includes specific rules, criteria, and conditions that need to be followed in business processes.
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