Question 1

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

Accepted Answer

A) Shows the timing of messages between two pools. 
B) Determines when the business process begins. 
C) Illustrates the process flow when a delay occurs. 
D) Contains a series of activities that are hidden from view. 
A) Shows the timing of messages between two pools. 
B) Determines when the business process begins. 
C) Illustrates the process flow when a delay occurs. 
D) Contains a series of activities that are hidden from view. C

Question 2

Refer to the following diagram.Which of the following answers does not provide a valid interpretation of the multiplicities for the association between the Employees and the Sales classes?

Accepted Answer

A) Only one employee participates in each sale. 
B) Several employees participate in each sale. 
C) Some employees do not participate in sales. 
D) Some employees participate in several sales. 
A) Only one employee participates in each sale. 
B) Several employees participate in each sale. 
C) Some employees do not participate in sales. 
D) Some employees participate in several sales. B

Question 3

Refer to the following diagram.Which of the following answers provides the best interpretation of the multiplicities for the association between the Employees and the Product Categories classes?

Accepted Answer

A) Each employee must be assigned to manage at least one product category. 
B) Each product category has one manager. 
C) Each product category can have no managers or multiple managers. 
D) Each employee can manage only one product category. 
A) Each employee must be assigned to manage at least one product category. 
B) Each product category has one manager. 
C) Each product category can have no managers or multiple managers. 
D) Each employee can manage only one product category. B

Question 4

BPMN models can describe the collaboration between two organizations using pools.

Accepted Answer

A) True 
 B)False

Question 5

Refer to the following diagram.Which of the following answers provides the best interpretation of the multiplicities for the association between the Orders and Cash Receipt classes?

Accepted Answer

A) Some customers pay for their orders in advance. 
B) Some orders result in several payments from the customers. 
C) Each cash receipt pays for at least one order,but it could pay for many orders. 
D) Each cash receipt pays for a minimum of 0 orders and a maximum of 1 order. 
A) Some customers pay for their orders in advance. 
B) Some orders result in several payments from the customers. 
C) Each cash receipt pays for at least one order,but it could pay for many orders. 
D) Each cash receipt pays for a minimum of 0 orders and a maximum of 1 order.

Question 6

A pool in a BPMN model does not actually have to display any activities.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following is not an example of a business rule?

Accepted Answer

A) Managers must approve orders over $10,000 
B) The credit department must approve all sales on account 
C) Inventory must be maintained in a secure location 
D) Employee who receives checks can not change invoices 
A) Managers must approve orders over $10,000 
B) The credit department must approve all sales on account 
C) Inventory must be maintained in a secure location 
D) Employee who receives checks can not change invoices

Question 8

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

Accepted Answer

A) Shows the interaction of messages between participants in the business process. 
B) Hides activities that are not of interest in the analysis of the business process. 
C) Shows the sequence of activities within one pool. 
D) Follows the sequence flow from start to end. 
A) Shows the interaction of messages between participants in the business process. 
B) Hides activities that are not of interest in the analysis of the business process. 
C) Shows the sequence of activities within one pool. 
D) Follows the sequence flow from start to end.

Question 9

Which of the following accounts is generally not impacted as part of the Sales and Collections process?

Accepted Answer

A) Cash 
B) Accounts Receivable 
C) Inventory 
D) Accounts Payable 
A) Cash 
B) Accounts Receivable 
C) Inventory 
D) Accounts Payable

Question 10

Refer to the following diagram.Which of the following answers provides the best interpretation of the multiplicities for the association between the Order class and the Products class?

Accepted Answer

A) Each order must specify the same products as the previous quote. 
B) Each product has been ordered at least once. 
C) An order does not have to include a product. 
D) An order may include many products. 
A) Each order must specify the same products as the previous quote. 
B) Each product has been ordered at least once. 
C) An order does not have to include a product. 
D) An order may include many products.

Question 11

Consider the following diagram.Which of the following best describes how the relationship between Sales Orders and Cash Receipts will be implemented in the resulting database?

Accepted Answer

A) The Sales Order ID will be included as a foreign key in the Cash Receipts table. 
B) A new table will be created that contains both Sales Order ID and Cash Receipt ID as its composite primary key. 
C) The Cash Receipt ID will be included as a foreign key in the Sales Orders table. 
D) The Cash Receipt Amount field will be included as a foreign key in the Cash Receipts table. 
A) The Sales Order ID will be included as a foreign key in the Cash Receipts table. 
B) A new table will be created that contains both Sales Order ID and Cash Receipt ID as its composite primary key. 
C) The Cash Receipt ID will be included as a foreign key in the Sales Orders table. 
D) The Cash Receipt Amount field will be included as a foreign key in the Cash Receipts table.

Question 12

A BPMN process flow can start in one pool and end in the collaborating pool.

Accepted Answer

A) True 
 B)False

Question 13

Business rules are an example of which COSO concept?

Accepted Answer

A) Internal control 
B) Control activities 
C) Control environment 
D) Activity models 
A) Internal control 
B) Control activities 
C) Control environment 
D) Activity models

Question 14

Business rules are unrelated to COSO control activities,although they serve an important purpose.

Accepted Answer

A) True 
 B)False

Question 15

One-to-many relationships are implemented by posting a foreign key.

Accepted Answer

A) True 
 B)False

Question 16

Which of these database requirements would be solved with a type image?

Accepted Answer

A) Allow companies to include graphic images in class models. 
B) Used to enumerate a many-to-many association between two REA classes. 
C) Allow modelers to note types of controls. 
D) Allow products to be grouped into categories. 
A) Allow companies to include graphic images in class models. 
B) Used to enumerate a many-to-many association between two REA classes. 
C) Allow modelers to note types of controls. 
D) Allow products to be grouped into categories.

Question 17

Consider the following diagram.Which answer provides the best interpretation of the multiplicities for the association between the Sales Orders class and the Cash Receipts class?

Accepted Answer

A) A single cash receipt may apply to only one sales order. 
B) Sales orders and cash receipts must be entered into the system at the same time. 
C) Customers may pay for sales orders in multiple payments. 
D) An employee might never record a sales order. 
A) A single cash receipt may apply to only one sales order. 
B) Sales orders and cash receipts must be entered into the system at the same time. 
C) Customers may pay for sales orders in multiple payments. 
D) An employee might never record a sales order.

Question 18

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

Accepted Answer

A) Recording customer payments. 
B) Maintaining vendor records. 
C) Selling products and services. 
D) Billing customers. 
A) Recording customer payments. 
B) Maintaining vendor records. 
C) Selling products and services. 
D) Billing customers.

Question 19

In a collaboration model using BPMN,the interaction between participants is called orchestration.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following is not something a busines rule would implement?

Accepted Answer

A) Segregation of Duties 
B) Authorization 
C) Notifications 
D) Approval 
A) Segregation of Duties 
B) Authorization 
C) Notifications 
D) Approval

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

Refer to the following diagram.Which of the following answers does not provide a valid interpretation of the multiplicities for the association between the Employees and the Sales classes?

Refer to the following diagram.Which of the following answers provides the best interpretation of the multiplicities for the association between the Employees and the Product Categories classes?

BPMN models can describe the collaboration between two organizations using pools.

Refer to the following diagram.Which of the following answers provides the best interpretation of the multiplicities for the association between the Orders and Cash Receipt classes?

A pool in a BPMN model does not actually have to display any activities.

Which of the following is not an example of a business rule?

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

Which of the following accounts is generally not impacted as part of the Sales and Collections process?

Refer to the following diagram.Which of the following answers provides the best interpretation of the multiplicities for the association between the Order class and the Products class?

Consider the following diagram.Which of the following best describes how the relationship between Sales Orders and Cash Receipts will be implemented in the resulting database?

A BPMN process flow can start in one pool and end in the collaborating pool.

Business rules are an example of which COSO concept?

Business rules are unrelated to COSO control activities,although they serve an important purpose.

One-to-many relationships are implemented by posting a foreign key.

Which of these database requirements would be solved with a type image?

Consider the following diagram.Which answer provides the best interpretation of the multiplicities for the association between the Sales Orders class and the Cash Receipts class?

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

In a collaboration model using BPMN,the interaction between participants is called orchestration.

Which of the following is not something a busines rule would implement?

Accounting Information Systems and Firm Value

Accountants As Business Analysts

Data Modeling

Relational Databases and Enterprise Systems

Purchases and Payments Business Process

Conversion 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 5: Sales and Collections Business Process

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

Refer to the following diagram.Which of the following answers does not provide a valid interpretation of the multiplicities for the association between the Employees and the Sales classes?

Refer to the following diagram.Which of the following answers provides the best interpretation of the multiplicities for the association between the Employees and the Product Categories classes?

BPMN models can describe the collaboration between two organizations using pools.

Refer to the following diagram.Which of the following answers provides the best interpretation of the multiplicities for the association between the Orders and Cash Receipt classes?

A pool in a BPMN model does not actually have to display any activities.

Which of the following is not an example of a business rule?

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

Which of the following accounts is generally not impacted as part of the Sales and Collections process?

Refer to the following diagram.Which of the following answers provides the best interpretation of the multiplicities for the association between the Order class and the Products class?

Consider the following diagram.Which of the following best describes how the relationship between Sales Orders and Cash Receipts will be implemented in the resulting database?

A BPMN process flow can start in one pool and end in the collaborating pool.

Business rules are an example of which COSO concept?

Business rules are unrelated to COSO control activities,although they serve an important purpose.

One-to-many relationships are implemented by posting a foreign key.

Which of these database requirements would be solved with a type image?

Consider the following diagram.Which answer provides the best interpretation of the multiplicities for the association between the Sales Orders class and the Cash Receipts class?

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

In a collaboration model using BPMN,the interaction between participants is called orchestration.

Which of the following is not something a busines rule would implement?

Accounting Information Systems and Firm Value

Accountants As Business Analysts

Data Modeling

Relational Databases and Enterprise Systems

Purchases and Payments Business Process

Conversion 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