Test 2

Control activities

**Business rules are an example of which COSO concept?

Maintaining vendor records

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

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?

Illustrates the process flow when an exception occurs.

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

supplier_number

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

purchase order number

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

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?

Add a sequence flow to an end event after the discard errors activity.

Consider the following BPMN diagram of a subprocess. Which of the following is required to correct an error in the diagram?

A. Represent a time delay B. Indicates a delay to a specific date/time C. Indicates a delay to a relative date, such as next Thursday D. All of these choices are correct`

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

Exception event.

Review the conversion process BPMN activity diagram presented below. In the diagram, the symbol ERROR indicates which of the following?

The Bills of Materials.

Review the following BPMN activity diagram. In this conversion process, the quantities of raw materials to be released is calculated based on which information?

Bills of Materials act as a type image class that specifies the details of the implied association between products and materials.

Review the following diagram. Which answer provides the best interpretation Bill of Materials class and its associations?

One employee can authorize production multiple times.

Review the following diagram. Which answer provides the best interpretation of the multiplicities for the association between the Employees and Production Authorization classes? Employees 1...1 Production Authorization 0...*

A Material Issue must include at least one material, but may include many materials.

Review the following diagram. Which answer provides the best interpretation of the multiplicities for the association between the Materials and the Materials Issue classes? Materials 1...* Materials Issue 0...*

Some partners may manage several product categories, and some partners may manage several supplier categories, but there is no direct link between supplier and product categories.

Review the following diagram. Which answer provides the best interpretation of the multiplicities for the association between the Product Categories and Supplier Categories classes?

Each production authorization is related to one product.

Review the following diagram. Which answer provides the best interpretation of the multiplicities for the association between the Products and Production Authorization classes? Products 1...1 Production Authorization 0...*

Disbursements are made after the purchases are recorded

Review the following diagram. Which answer provides the best interpretation of the multiplicities for the association between the Purchases and Cash Disbursements classes?

Each purchase can include many products

Review the following diagram. Which answer provides the best interpretation of the multiplicities for the association between the Purchases and Products classes?

Each partner can be assigned to manage many supplier categories

Review the following diagram. Which answer provides the best interpretation of the multiplicities for the association between the Sunset Partners and Supplier Categories classes?

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

The duality associations between the 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 purchases 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 customer records

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

Shows the interaction of messages between participants in the business process

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

Shows the sequence of activities within one pool

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

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

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

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?

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 overall 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 cost of goods sold

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

directs sequence flow when an activity aborts

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

ship products to stores

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

retail store

which of the following types of business is least likely to employ a conversion process?