updateStatus is a confusing name

[akuanti]

I find it unclear from the name what updateStatus() is supposed to do, which makes it difficult to remember when it is necessary to call it.

From the code, it looks like it can either

1. Whitelist an application that has passed the application period without a challenge
2. If there is a challenge that has finished its voting period (whether it's a new application or an existing listing), remove, add, or reject the applicant/listing

Is there some name that covers both aspects? Otherwise, it might make sense to split updateStatus() into two separate functions. Something like finalizeApplication() and finalizeChallenge()?