Exam 5: Sales and Collections Business Process

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

Which of the following is not one of the elements to be identified when developing business rules? A. Important business events B. Conditions that affects the intention/objective for an event C. Access controls that limit who can use information D. Actions to be taken based on conditions

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

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

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

One-to-one relationships are implemented by creating a linking table.

Segregation of duties is an example of a COSO control activity.

Which of the following occurs at the same time a sale of goods occurs? A. Reduction in accounts receivable B. Increase in inventory C. Increase in accounts payable D. Recognition of cost of goods sold

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

Consider the following diagram. How will the database relationship between Customers and Sales Orders be implemented? A. The Sales Order ID will be included as a foreign key in the Customers table B. The Customer ID will be included as a foreign key in the Sales Orders table C. The Customer ID will be included as a primary key in the Customer table D. The Sales Order ID will be included as a primary key in the Customer table

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

Consider the following diagram. Which of the following best describes how the relationship between Sales Orders and Products will be implemented in the resulting database? A. A new table will be created that contains both Sales Order ID and Product ID as its composite primary key B. The Product ID will be included as a foreign key in the Sales Orders table C. The Sales Order ID will be included as a foreign key in the Products table D. The Quantity Ordered field will be included as a foreign key in the Products table

Business rules are an example of which COSO concept? A. Internal control B. Control activities C. Control environment D. Activity models

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? A. The direction of process flow depends on the nature of the business. B. The quantities of items sold can't be determined until the sale occurs. C. The actual values will depend on the nature of the business. D. The customer determines the multiplicities for this association.

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

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? 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