AIS Midterm

True

According to the video, a sales order be initiated on its own without being initiated by a price quote.

Information Value Chain of Events

Business Need Data--> Information--> Knowledge--> Decision Business Event

The supplier's activities

In a BPMN collaboration model (activity collaboration model) of the purchasing 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 (activity model) of the purchase process, which of the following best describes the purpose of swimlanes is which of the following?

The customer's activities

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

The overall transformation of data from a business need to the ultimate decision.

The Information Value Chain is defined as:

BPMN Activity Model

The basic activity model implements the process steps

Collaboration Model of the Purchases Process

The collaboration model focuses on the message flows between the pools.

Cost of Goods Sold

The income statement account most likely affected by an AIS investment in supply chain that would interface with suppliers would be:

Multiplicities

UML symbols that describe the minimum and maximum number of times an instance of one class can be associated with instances of another class for a specific association between those two classes: they indicate whether the two classes are part of: one-to-one, one-to-many or many-to-many

Events

What does a "rectangle" shape represent in BPMN?

Sequence flow

What does an "arrow" shape represent in BPMN?

Activity Model

Which model can be used to figure out that there is something going wrong in the communication?

0 and 1

Which of following are possible options for minimum multiplicities?

Uniquely identifies each instance of the class

Which of the following best describes the purpose of a primary key?

Stitch together a business with partners that are treated as if they're inside the company

Which of the following is Dell's strategy of "virtual integration":

To produce high-quality computer parts

Which of the following is NOT a reason for Dell's success in using information systems to create value?

The relationship between two classes

Which of the following is the best description of an association?

Supplier Department

Which one of the following is NOT a part of Sunset's distribution of responsibilities?

Yes/No

Which one of the following is the data type for the "US Citizen" attribute (field name) in employee table?

Sales(0,*)- (1..1) Cash Recipts

accepting installments without a down payment, the multiciplicities should be changed to

receive items

activity that increases accounts payable

flexibility and scalability

advantages of relational data models include

supplier

agent in a purchases and payments structure model

REA framework

agents, type images, resources, events

cash disbursement

an event in a purchases and payment structure model

Accounting Information System

an information system, that records, processes, and reports on transactions to provide financial and nonfinancial information for decision making and control

sequence flow

arrow (swimlane)

IT strategic roles

automate, informate up, informate down, transform

Dell

bought the best computer parts to build the computer

Business process documentation examples

business process models, business rules, user manuals, training manuals, product specifications, software manuals, schedules, organization charts, strategic plans

cloud computing

can meet computing needs today but is not expected to meet tomorrow's computing needs

start and end of an event

circle (swimlane)

value of business models

communication tool, planning tool, process improvement tool, tool for managing complexibility

Inbound Logistics--> operations-->outbound logistics

correct order of effects in the value chain

CRM does NOT include information about

current suppliers

examples of obligatory business rules

customers must provide a valid credit card number, customers must enter a valid shipping address

choreography

describes message flow between pools

Customer relationship management

describes softwares used to manage a nurtured firm's interactions with its current and potential clients; also includes IT to manage sales and marketing for current sales and customer service and technical support

objectives of a structure model

designate things of interest in the business domain, describe the characteristics of things of interest in the business domain, support relational database design, describe the sequence of events

decision

diamond (swimlane)

many-to-many

exists when instances of one class are related to many instances of another class and vice versa.

one-to-many relationship

exists when instances of one class are related to multiple instances of another class. For example, a customer can participate in many sales but each sale only involves one customer.

one-to-one relationship

exists when instances of one class are related to only one other class and each instance of the other class is only one instance of the original class

Purposes of business documentation

facilitating process improvement, specifying accountability, training, supporting internal audit

CRM software includes information about

former, current, and prospective customers

removal of barriers

goal of modeling

post a foreign key

how do you implement a one-to-many relationship in a relational database

swimlanes and pools

how participants in a process are identified in a BPMN

square

how you represent a class in a UML diagram

cash disbursement table

in a purchase and payment process has the most foreign keys

purpose of an intermediate timer event

indicates a delay

advantages of modeling

looks at same picture and results, shows REA, transactional data, whos selling/whos buying almost every side EXCEPT numerical number amounts or number of inventory

US Tax Return

mandatory information required by a regulatory party

collaborative models

models showing two participant pools and the interactions between them within a process

Just in Time Inventory

order the items as needed

Information Value Chain

overall transformation from a business need and a business event to the collection of data and information to an ultimate decision

Class and Relationship

pairs that are not equivalent in UML class diagrams

relational database model

person, place, thing, transaction, or event about which information is stored

Characteristics of useful information- Relevance

predictive value, feedback value, timeliness

Certified Information Systems Auditor (CISA)

professionals possessing IT audit, control, and security skills

examples of application control

range checks ensure that prices are limited to valid amounts, employee making disbursements, system supplies supplier address for the payment, system creates audit trail of application controls

indication of a purchase in an AIS

receiving goods

purpose of a subprocess in a BPMN

reduces complexibility, presents higher-level process descriptions, creates alternative activities, develops a residual model

Supply Chain

refers to the flow of materials, information, payment and services

diamond

represents a gateway in a BPMN

part of the purchasing process

request prices, receive items, pay for items

inventory

resource in a purchase and payments structure model

financial close, regulatory compliance, project management, using IT to make finance and accounting processes more efficent

roles of accounting functions in business

shipping ordered products to the customer

sales and collection process that can result in the creation of an account receiveable

activities within the sales and collection processes

selling products and services, billing customers, managing inventory, and recording payments from customers

Swimlanes

show functional responsibilities

activity

square (swimlane)

Business Process Modeling Notation (BPMN)

standard for the description of activity models - annotations allow the modeler to add a descriptive text

name of the table from which to receive data

the FROM clause to the SELECT statement used in SQL indicates

transform

the IT strategic role that has the greatest impact on shareholder value

cost of goods sold

the account that is most likely affected by an AIS investment in supply chain management

1:N (one-to-many)

the hierarchical mapping from one parent to child

Business rules with access controls

the warehouse must be locked when the inventory manager is not present, user recording collections cannot modify sales records

Characteristics of useful information- Reliability

verifiable, representational faithfulness, neutrality