Question 1

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

Accepted Answer

A) Prod_auth_ID 
B) Product_ID 
C) Issue_Sequence 
D) Material_description 
A) Prod_auth_ID 
B) Product_ID 
C) Issue_Sequence 
D) Material_description B

Question 2

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

Accepted Answer

A) Special_handling 
B) Product_Number 
C) Product_unit_of_sale 
D) Materials_issue_number 
A) Special_handling 
B) Product_Number 
C) Product_unit_of_sale 
D) Materials_issue_number B

Question 3

Application controlscan limit access to viewing and changing records in a system.

Accepted Answer

A) True 
 B)False  True

Question 4

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

Accepted Answer

A) Issue raw materials efficiently. 
B) Ensure that enough finished products are available to meet anticipated demand. 
C) Make finished products to order. 
D) Transfer finished goods to warehouse inventory accurately. 
A) Issue raw materials efficiently. 
B) Ensure that enough finished products are available to meet anticipated demand. 
C) Make finished products to order. 
D) Transfer finished goods to warehouse inventory accurately.

Question 5

A well controlled conversion process would likely have which of the following roles seperated into swimlanes?

Accepted Answer

A) Accounts Payable Manager and Receiving Employee. 
B) Inventory Manager and Receiving Manager. 
C) Inventory Manager and Conversion Employee. 
D) Conversion Employee and Overhead Employee. 
A) Accounts Payable Manager and Receiving Employee. 
B) Inventory Manager and Receiving Manager. 
C) Inventory Manager and Conversion Employee. 
D) Conversion Employee and Overhead Employee.

Question 6

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?

Accepted Answer

A) The COSO framework. 
B) BPMN guidelines. 
C) A star schema. 
D) The REA framework. 
A) The COSO framework. 
B) BPMN guidelines. 
C) A star schema. 
D) The REA framework.

Question 7

Review the conversion process BPMN activity diagram presented below.In the diagram,the symbol indicates which of the following?P1P1_E

Accepted Answer

A) Gateway. 
B) Activity loop. 
C) Exception event. 
D) Collapsed subprocess. 
A) Gateway. 
B) Activity loop. 
C) Exception event. 
D) Collapsed subprocess.

Question 8

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

Accepted Answer

A) The employee records the completion of a job and updates finished goods. 
B) Each production authorization is related to one product. 
C) Each product is related to one production authorization. 
D) One employee can authorize production multiple times. 
A) The employee records the completion of a job and updates finished goods. 
B) Each production authorization is related to one product. 
C) Each product is related to one production authorization. 
D) One employee can authorize production multiple times.

Question 9

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

Accepted Answer

A) Segregating authorizing,issuing,and conversion work duties. 
B) Limiting who can view and change records in the system. 
C) Return defective items to suppliers promptly. 
D) Assuring that all products meet quality standards. 
A) Segregating authorizing,issuing,and conversion work duties. 
B) Limiting who can view and change records in the system. 
C) Return defective items to suppliers promptly. 
D) Assuring that all products meet quality standards.

Question 10

Which of the following general ledger accounts would likely not be impacted in a conversion process?

Accepted Answer

A) Sales Revenue. 
B) Inventory. 
C) Cost of Goods Sold. 
D) Work-in-Process. 
A) Sales Revenue. 
B) Inventory. 
C) Cost of Goods Sold. 
D) Work-in-Process.

Question 11

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

Accepted Answer

A) Work-in-Process. 
B) The Bills of Materials. 
C) The quantities of raw materials purchased. 
D) Economic order quantities. 
A) Work-in-Process. 
B) The Bills of Materials. 
C) The quantities of raw materials purchased. 
D) Economic order quantities.

Question 12

Refer to the following UML class diagram to answer questions 6 to 10 below about the relational database based on this model.

Accepted Answer

A) True 
 B)False

Question 13

Business rules describe appropriate actions to take based on process conditions.

Accepted Answer

A) True 
 B)False

Question 14

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

Accepted Answer

A) A material might not be included in any Bills of Materials. 
B) The Bill of Materials determines which product should be produced. 
C) Bills of Materials act as a type image class that specifies the details of the implied association between products and materials. 
D) A Bill of Materials may be associated with many different products. 
A) A material might not be included in any Bills of Materials. 
B) The Bill of Materials determines which product should be produced. 
C) Bills of Materials act as a type image class that specifies the details of the implied association between products and materials. 
D) A Bill of Materials may be associated with many different products.

Question 15

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

Accepted Answer

A) Shows the participation of employees in the process. 
B) Links work in process events to the original production authorization. 
C) Indicates issue of raw material into the process. 
D) Tracks completion of work in process and increase to finished goods inventory. 
A) Shows the participation of employees in the process. 
B) Links work in process events to the original production authorization. 
C) Indicates issue of raw material into the process. 
D) Tracks completion of work in process and increase to finished goods inventory.

Question 16

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

Accepted Answer

A) Restaurant 
B) Retail store 
C) Bakery 
D) Machine shop 
A) Restaurant 
B) Retail store 
C) Bakery 
D) Machine shop

Question 17

Which of the following is the most likely order of a basic conversion activity model?

Accepted Answer

A) Authorize Production→Issue Raw Materials→Perform Work→Complete Prodcution. 
B) Customer Order→Perform Work→Review Work→Ship Product. 
C) Authorize Production→Order Materials→Apply Overhead→Complete Production. 
D) Customer Order→Issue Raw Materials→Apply Overhead→Ship Product. 
A) Authorize Production→Issue Raw Materials→Perform Work→Complete Prodcution. 
B) Customer Order→Perform Work→Review Work→Ship Product. 
C) Authorize Production→Order Materials→Apply Overhead→Complete Production. 
D) Customer Order→Issue Raw Materials→Apply Overhead→Ship Product.

Question 18

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

Accepted Answer

A) Issue raw material 
B) Perform work and account for labor 
C) Ship products to stores 
D) Authorize production 
A) Issue raw material 
B) Perform work and account for labor 
C) Ship products to stores 
D) Authorize production

Question 19

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

Accepted Answer

A) Interupts the normal flow of the process 
B) Alerts users to control risks 
C) Waits for external messages 
D) Directs a sequence to repeat 
A) Interupts the normal flow of the process 
B) Alerts users to control risks 
C) Waits for external messages 
D) Directs a sequence to repeat

Question 20

A labor plan class would establish standard overhead allocation rates.

Accepted Answer

A) True 
 B)False

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

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

Application controlscan limit access to viewing and changing records in a system.

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

A well controlled conversion process would likely have which of the following roles seperated into swimlanes?

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?

<p>Review the conversion process BPMN activity diagram presented below.In the diagram,the symbol indicates which of the following?P1P1_E

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

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

Which of the following general ledger accounts would likely not be impacted in a conversion process?

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

Refer to the following UML class diagram to answer questions 6 to 10 below about the relational database based on this model.

Business rules describe appropriate actions to take based on process conditions.

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

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

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

Which of the following is the most likely order of a basic conversion activity model?

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

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

A labor plan class would establish standard overhead allocation rates.

Accounting Information Systems and Firm Value

Accountants As Business Analysts

Data Modeling

Relational Databases and Enterprise Systems

Sales and Collections Business Process

Purchases and Payments Business Process

Reporting Processes and Extensible Business Reporting Language Xbrl

Data Analytics in Accounting: Concepts and the Amps Model

Data Analytics in Accounting: Tools and Practice

Emerging Technologies: Blockchain and Ai Automation

Accounting Information Systems and Internal Controls

Information Security and Computer Fraud

Monitoring and Auditing Ais

The Balanced Scorecard, Business Model Canvas, and Business Value of Information Technology

Evaluating Ais Investments

Filters

Exam 7: Conversion Business Process

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

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

Application controlscan limit access to viewing and changing records in a system.

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

A well controlled conversion process would likely have which of the following roles seperated into swimlanes?

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?

<p>Review the conversion process BPMN activity diagram presented below.In the diagram,the symbol indicates which of the following?P1P1_E

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

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

Which of the following general ledger accounts would likely not be impacted in a conversion process?

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

Refer to the following UML class diagram to answer questions 6 to 10 below about the relational database based on this model.

Business rules describe appropriate actions to take based on process conditions.

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

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

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

Which of the following is the most likely order of a basic conversion activity model?

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

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

A labor plan class would establish standard overhead allocation rates.

Accounting Information Systems and Firm Value

Accountants As Business Analysts

Data Modeling

Relational Databases and Enterprise Systems

Sales and Collections Business Process

Purchases and Payments Business Process

Reporting Processes and Extensible Business Reporting Language Xbrl

Data Analytics in Accounting: Concepts and the Amps Model

Data Analytics in Accounting: Tools and Practice

Emerging Technologies: Blockchain and Ai Automation

Accounting Information Systems and Internal Controls

Information Security and Computer Fraud

Monitoring and Auditing Ais

The Balanced Scorecard, Business Model Canvas, and Business Value of Information Technology

Evaluating Ais Investments

Filters