AIS Chapter 6

Which of the following is a difference between Business Process Modeling Notation (BPMN) activity diagrams and flowcharts?

BPMN symbols can show a variety of intermediate events that affect the sequence flow

To be valuable business partners, accountants must understand how the business delivers value to its employees.

FALSE

which of the following are application controls for the purchase and payments process?

-system must provide purchase order number control - system must supply supplier return address

Which of the following symbols depicts an intermediate event?

A circle with a double line perimiter

Which of the following best describes the purpose of a gateway in a Business Process Modeling Notation (BPMN) activity diagram?

Controls branching and merging

A business process constrains business rules.

FALSE

Data Flow Diagrams start with a circle indicating the start event.

FALSE

Which of the following is not an Accounting/Finance Operations role of the Accounting/Finance Function in Business?

Stakeholder assurance

Accountants now face a challenge of helping businesses optimize processes.

TRUE

Documentation can be thought of as a tool for information transmission and communication.

TRUE

Models should be simpler than the processes and systems they depict.

True

Which of the following symbols depicts an activity?

A rectangle

which of the following are steps in defining business rules to implement control over purchases and payments process?

- define organization intentions -determine appropriate actions - identify important business events

which of the following are differences between UML class models of the sales and collection process and the purchase and payments process using the REA framework?

- events are different - external agent is different.

which of the following best describes the purpose of the cash disbursement event in the generic REA pattern of the purchase and payments process?

- records individual payment to suppliers

which of the following are true about multiplicities for the association between the Receipts event and the Cash Disbursement event in the purchase and payments process?

- the minimum multiplicity next to the cash disbursements event is zero if suppliers can be paid after items are received. - the multiplicities on this association are not standard, but rather depend on the nature of the business.

which of the following are true about the basic REA pattern for UML class diagram of the purchase and payments process?

- there are two economic events; purchase receipts and cash disbursements - the value of the products resource is increased when items are received. - the external agent is the supplier of the purchased items.

which of the following would be present in a BPMN collaboration model of the purchases and payment process?

-message flows - two pools

Which of the following best describes a business model?

A simple, abstract representation of a business process or processes

Which of the following best describes the purpose of an event in a Business Process Modeling Notation (BPMN) activity diagram?

Affects the flow of the business process

Which of the following best describes the purpose of an activity model?

An activity model describes the sequence of workflow in a business process

Which of the following is not a building block for Business Process Modeling Notation (BPMN) diagrams?

Associations

Which of the following is not part of the business analysis process?

C. Using IT to make finance and accounting processes more efficient and effective.

Which of the following best describes the purpose of a swimlane?

Depicts different departments of the same organization in a process.

Which of the following is not a purpose of documentation?

Determining Staffing

Business models provide value in all of the following areas except which one?

Employee performance appraisal

Process documentation does not include which of the following?

External audit workpapers

Activity models are a relatively new process modeling tool.

FALSE

Business Process Modeling Notation (BPMN) activity models show the sequence of flow from right to left and top to bottom.

FALSE

Business Process Modeling Notation (BPMN) start events are shown using ovals and flowchart start events are shown using circles.

FALSE

Because business models are simpler than the processes they depict, they are limited in their ability to integrate local views of a process.

False

Business Process Modeling Notation (BPMN) activity diagrams depict activities as circles.

False

Documentation helps with training but won't help with regulatory compliance issues.

False

Gateways show decisions and possible branching as a result of the decision.

False

Which of the following is not a Business Management Support role of the Accounting/Finance Function in Business?

Financial Consolidation

Which of the following is not a Stewardship and Reporting role of the Accounting/Finance Function in Business?

Human Resource Managemet

Which of the following is not a common element of activity models regardless of the specific modeling notation?

Multiplicities

Which of the following symbols is used to depict different organizations in one Business Process Modeling Notation (BPMN) diagram?

Pool

Which of the following best describes a Business Process Modeling Notation (BPMN) message flow?

Shows interactions between participants in a process

A business model is typically a graphical depiction of the essential business process information.

TRUE

An activity can depict a single action or some logical combination of actions depending on the required level of detail to achieve the objectives of the business process analysis.

TRUE

Business Process Modeling Notation (BPMN) activity diagrams are conceptually similar to process maps.

TRUE

Business Process Modeling Notation (BPMN) activity diagrams depict events as circles.

TRUE

In Business Process Modeling Notation (BPMN), activities are named with a short verb phrase placed within the rectangle.

TRUE

Opportunity flowcharts identify opportunities for process improvement by separating value-added from non-value- added activities.

TRUE

Swimlanes identify participants, e.g., organizations, in a process.

TRUE

Which of the following best describes the difference between a Business Process Modeling Notation (BPMN) gateway and a flowcharting decision diamond?

The gateway only represent branching and not the decision that results in branching

which of the following must be true to collapse the Purchase Order and Receipts events into one event

each purchase order results in a maximum of one receipt. -each receipt is a result of a maximum of one purchase order. - every receipt is preceded by a purchase order

gateways in BPMN show branching into two exclusive paths

false

which of the following best describes the purpose of the employees agent in the genetic REA pattern of the purchase and payment process?

records information about the enterprise's employees.

which of the following is not true about REA framework?

the REA framework meets accounting but not broad management information requirements?

which of the following would be present in a BPMN collaboration model of the purchases and payments process?

two pools, message flows