ACCT 310 Final Ch 5 - 8

The choreography of the business process

A BPMN activity diagram that contains two blank pools would typically be created in order to highlight which of the following?

Control activities

Business rules are an example of which COSO concept?

All of these are correct (represent a time delay, indicates a delay to a specific date/time, indicates a delay to a relative date)

In a BPMN activity diagram, which of the following represent a valid use for an intermediate time event?

The supplier's activities

In a BPMN collaboration model of the purchase process, one pool describes the focal organization's activities and the other pool describes what?

Showing different jobs in the purchase process

In a BPMN collaboration model of the purchase process, which of the following best describes the purpose of swimlanes?

Choreography

In a BPMN collaboration model of the purchase process, which of the following is the appropriate term for the message flows between pools?

Links work in process events to the original production authorization

In a basic UML diagram of the conversion process, which of the following best describes the purpose of a duality association?

Manufacturing Overhead

In the conversion process, indirect labor is first recorded to which of the following accounts?

The actual values will depend on the nature of the business.

In the generic REA model for the sales and collections process, the multiplicities between the Sales and Cash Receipts classes are displayed with question marks. Which of the following best explains this?

When the products are received from the supplier and accepted

Many companies record both purchase orders and purchases; when would such a company recognize the purchase?

The capture of actual material and labor costs for comparison with the original plan

The duality associations between events in the generic conversion UML class diagram illustrate which of the following?

Receive items

The purchase is generally recorded when which of the following activities takes place?

It is calculated based on accumulated materials issued, labor, and overhead

Using a generic conversion UML class diagram, as a starting point, which of the following best describes how to find work-in-process inventory?

The REA framework

When creating a UML class diagram to support the conversion process, which of the following approaches provides a way to meet both accounting and general management information requirements?

Intermediate timer event

When documenting a purchase and payments business process, which of the following BPMN activity diagram symbols should be used to indicate that accounts payable waits until the end of the month to pay vendors?

Maintaining vendor records

Which of the following activities is not associated with the sales and collection business process?

A UML class added to collect management information, such as category

Which of the following best describes a type image?

Shows the interaction of messages between participants in the business process

Which of the following best describes choreography in a BPMN activity diagram?

Shows the sequence of activities within one pool

Which of the following best describes orchestration in a BPMN activity diagram?

Access controls limit who can change records and application controls provide an audit trail of any changes

Which of the following best describes the difference between access controls and application controls?

Contains a series of activities that are hidden from view

Which of the following best describes the purpose of a BPMN collapsed sub-process?

Links each raw material item to one or more finished good items

Which of the following best describes the purpose of a bill of materials class?

Illustrates the process flow when an exception occurs

Which of the following best describes the purpose of an intermediate error event ?

Directs sequence flow when an activity aborts

Which of the following best describes the purpose of an intermediate error event?

Illustrates the process flow when an exception occurs

Which of the following best describes the purpose of an intermediate error event?

Illustrates the process flow when a delay occurs

Which of the following best describes the purpose of an intermediate timer event?

Allow categorization of REA classes based on management's information needs

Which of the following best describes the use of type images in UML class modeling?

The employee that authorizes production can't be the same employee that issues raw materials

Which of the following business rules illustrates a proper implementation of internal control?

The purchase order number is automatically assigned

Which of the following is an example of an application control for the purchases and payments business process?

Ship products to stores

Which of the following is not a basic activity in the conversion process?

Create a purchase order number

Which of the following is not a primary objective when placing a purchase order?

Maintaining customer records

Which of the following is not associated with the purchase and payments business process?

Maintaining vendor records

Which of the following is not associated with the sales and collection business process?

The person returning items to the supplier must not view the original purchase order

Which of the following is not desired access control when developing a purchases and payments business process?

Access controls that limit who can use information

Which of the following is not one of the elements to be identified when developing business rules?

Many companies do not have a conversion process

Which of the following is not one of the reasons that the conversion process is typically considered more complicated than the sales and collections and the purchases and payments processes?

All conversion activities are internal to the organization

Which of the following is the best reason that a collaboration model would not be used to diagram the conversion process?

Product_ID

Which of the following is the most likely foreign key for the Bill of Materials table?

Ensure that enough finished products are available to meet anticipated demand

Which of the following is the primary objective of the conversion process?

Text

Which of the following is the recommended data type for the Product_number field in the conversion database?

Ensuring no production without a customer order

Which of the following least reflects the purpose of a business rule in the conversion process?

Ensure suppliers are satisfied

Which of the following least reflects the purpose of a business rule in the purchase process?

Recognition of COGS

Which of the following occurs at the same time a sale of goods occurs?

PurchaseItems

Which of the following tables would likely be the result of a many-to-many relationship in a purchases and payments class diagram?

Retail store

Which of the following types of businesses is least likely to employ a conversion process?

Supplier_Number

Which of the following would likely be a foreign key in a purchases table?

Purhcase_Order_Number

Which of the following would likely be a primary key in a purchases table?