Question 1

For what purposes should an enterprise use the REA enterprise ontology?

Accepted Answer

The primary goal is to provide a structure for an enterprise-wide database in which to store disaggregated transaction data; REA also facilitates high-level strategic analysis, provides a means for identifying artificial constructs that may be targets for re-engineering, and provides a common building block that may facilitate system integration.

Question 2

Which of the following objects is an economic event?

Accepted Answer

A)  Materials inventory 
B)  Cash 
C)  Purchase of materials 
D)  Purchasing agent 
E)  Supplier 
A)  Materials inventory 
B)  Cash 
C)  Purchase of materials 
D)  Purchasing agent 
E)  Supplier C

Question 3

Explain how an object and/or script pattern helped you in the past to understand something in your life. In your essay, be sure to describe the pattern you applied, the situation in which you applied it, and how the pattern was helpful.

Accepted Answer

Answers will vary based on students' personal experiences but should include the use of the pattern to apply past experiences to new situations and allowed them to make predictions as to what to expect in the new situation.

Question 4

In database design, categories of objects are referred to as

Accepted Answer

A)  Individuals 
B)  Tokens 
C)  Relationships 
D)  Types 
E)  Distinctives 
A)  Individuals 
B)  Tokens 
C)  Relationships 
D)  Types 
E)  Distinctives

Question 5

Which of the following is not part of the business-entrepreneur script?

Accepted Answer

A)  The enterprise gets some money. 
B)  The enterprise purchases equipment and raw materials. 
C)  The enterprise sells finished goods. 
D)  The enterprise is damaged by a flood. 
E)  The enterprise repays money and lives off its profit. 
A)  The enterprise gets some money. 
B)  The enterprise purchases equipment and raw materials. 
C)  The enterprise sells finished goods. 
D)  The enterprise is damaged by a flood. 
E)  The enterprise repays money and lives off its profit.

Question 6

Which of the following are considered agents in the REA ontology?

Accepted Answer

A)  Individuals 
B)  Departments 
C)  Divisions 
D)  Organizations 
E)  All of the above 
A)  Individuals 
B)  Departments 
C)  Divisions 
D)  Organizations 
E)  All of the above

Question 7

For which of the following reasons should we build models when designing systems?

Accepted Answer

A)  To help us to visualize a system as it is. 
B)  To help us to visualize a system as we want it to be. 
C)  To better understand the system we are developing. 
D)  To simplify a complex system because we can't comprehend it in its entirety. 
E)  All of the above. 
A)  To help us to visualize a system as it is. 
B)  To help us to visualize a system as we want it to be. 
C)  To better understand the system we are developing. 
D)  To simplify a complex system because we can't comprehend it in its entirety. 
E)  All of the above.

Question 8

The REA in the REA Enterprise Ontology stands for "Relationships between Entities and Attributes."

Accepted Answer

A) True 
 B)False

Question 9

_______ allow people to make predictions about future events and to make sense of the present.

Accepted Answer

The answer of _______ allow people to make predictions about...

Question 10

Which of the following objects belongs in an object pattern for an elementary school located in Minnesota?

Accepted Answer

A)  Nuclear physics lab 
B)  Palm tree 
C)  Teacher 
D)  Anesthesiologist 
E)  Silo 
A)  Nuclear physics lab 
B)  Palm tree 
C)  Teacher 
D)  Anesthesiologist 
E)  Silo

Question 11

Something that has economic value but has no physical substance and is consumed by an enterprise's operations is a resource in the REA ontology.

Accepted Answer

A) True 
 B)False

Question 12

A value chain level REA model focuses on the resource flows between interconnected business processes and on the economic events that accomplish the resource flows.

Accepted Answer

A) True 
 B)False

Question 13

A business process level REA model focuses on one or more transaction cycles in an enterprise's value chain, expanding the representation to include various types of resources, events, agents, and relationships among them.

Accepted Answer

A) True 
 B)False

Question 14

The "E" in REA enterprise modeling stands for

Accepted Answer

A)  Entity 
B)  Entrepreneur 
C)  Exchange 
D)  Enterprise 
E)  Event 
A)  Entity 
B)  Entrepreneur 
C)  Exchange 
D)  Enterprise 
E)  Event

Question 15

A value system level REA model focuses on the individual steps involved in accomplishing events in an enterprise.

Accepted Answer

A) True 
 B)False

Question 16

What is the primary deliverable expected to be attained using the REA enterprise ontology?

Accepted Answer

A)  An operational enterprise-wide transaction database 
B)  A complete strategic analysis of the enterprise's business plan 
C)  A set of program code used to connect different modules of a best of breed ERP system 
D)  A blueprint for re-engineering the enterprise workflow 
E)  An optimized linear programming solution for the logistical issues of the enterprise 
A)  An operational enterprise-wide transaction database 
B)  A complete strategic analysis of the enterprise's business plan 
C)  A set of program code used to connect different modules of a best of breed ERP system 
D)  A blueprint for re-engineering the enterprise workflow 
E)  An optimized linear programming solution for the logistical issues of the enterprise

Question 17

System flowcharts, data flow diagrams, and fishbone diagrams are examples of
Representations at which level of the REA enterprise ontology?

Accepted Answer

A)  Value chain level 
B)  Business process level 
C)  Task level 
D)  Supply chain level 
E)  Value system level 
A)  Value chain level 
B)  Business process level 
C)  Task level 
D)  Supply chain level 
E)  Value system level

Question 18

Representation and modeling are important for understanding enterprise information systems.

Accepted Answer

A) True 
 B)False

Question 19

The script patterns we develop based on past experiences help us more often than not in understanding our present and future experiences.

Accepted Answer

A) True 
 B)False

Question 20

Consider the following items:
A red Volkswagon Beetle belonging to Cheryl VanBuren
A red Corvette belonging to Walter Cherrington
A blue Z71 pickup truck belonging to Jim Joseph
A green Volkswagon Beetle belonging to Amy Patrick
A red Corvette belonging to Chris Wolverine
A blue Z71 pickup truck belonging to Mary Craig
To represent these items in a conceptual model at the type level, which symbol is most appropriate?

Accepted Answer

A)  Car 
B)  Vehicle 
C)  Name 
D)  Color 
E)  Amy Patrick 
A)  Car 
B)  Vehicle 
C)  Name 
D)  Color 
E)  Amy Patrick

For what purposes should an enterprise use the REA enterprise ontology?

Which of the following objects is an economic event?

Explain how an object and/or script pattern helped you in the past to understand something in your life. In your essay, be sure to describe the pattern you applied, the situation in which you applied it, and how the pattern was helpful.

In database design, categories of objects are referred to as

Which of the following is not part of the business-entrepreneur script?

Which of the following are considered agents in the REA ontology?

For which of the following reasons should we build models when designing systems?

The REA in the REA Enterprise Ontology stands for "Relationships between Entities and Attributes."

_______ allow people to make predictions about future events and to make sense of the present.

Which of the following objects belongs in an object pattern for an elementary school located in Minnesota?

Something that has economic value but has no physical substance and is consumed by an enterprise's operations is a resource in the REA ontology.

A value chain level REA model focuses on the resource flows between interconnected business processes and on the economic events that accomplish the resource flows.

A business process level REA model focuses on one or more transaction cycles in an enterprise's value chain, expanding the representation to include various types of resources, events, agents, and relationships among them.

The "E" in REA enterprise modeling stands for

A value system level REA model focuses on the individual steps involved in accomplishing events in an enterprise.

What is the primary deliverable expected to be attained using the REA enterprise ontology?

System flowcharts, data flow diagrams, and fishbone diagrams are examples of Representations at which level of the REA enterprise ontology?

Representation and modeling are important for understanding enterprise information systems.

The script patterns we develop based on past experiences help us more often than not in understanding our present and future experiences.

An Introduction to Integrated Enterprise Information Systems

The REA Enterprise Ontology

The REA Enterprise Ontology: Business Process Modeling

Task Level Modeling

Relational Database Design

Information Retrieval From Relational Databases

The Sales/Collection Business Process

The Acquisitio/Payment Business Process

View Integration and Implementation Compromises

The Conversion Business Process

The Human Resource Business Process

The Financing Business Process

Enterprise System Risks and Controls

ERP Systems and E-Commerce

Filters

Exam 2: Representation and Patterns

For what purposes should an enterprise use the REA enterprise ontology?

Which of the following objects is an economic event?

Explain how an object and/or script pattern helped you in the past to understand something in your life. In your essay, be sure to describe the pattern you applied, the situation in which you applied it, and how the pattern was helpful.

In database design, categories of objects are referred to as

Which of the following is not part of the business-entrepreneur script?

Which of the following are considered agents in the REA ontology?

For which of the following reasons should we build models when designing systems?

The REA in the REA Enterprise Ontology stands for "Relationships between Entities and Attributes."

_______ allow people to make predictions about future events and to make sense of the present.

Which of the following objects belongs in an object pattern for an elementary school located in Minnesota?

Something that has economic value but has no physical substance and is consumed by an enterprise's operations is a resource in the REA ontology.

A value chain level REA model focuses on the resource flows between interconnected business processes and on the economic events that accomplish the resource flows.

A business process level REA model focuses on one or more transaction cycles in an enterprise's value chain, expanding the representation to include various types of resources, events, agents, and relationships among them.

The "E" in REA enterprise modeling stands for

A value system level REA model focuses on the individual steps involved in accomplishing events in an enterprise.

What is the primary deliverable expected to be attained using the REA enterprise ontology?

System flowcharts, data flow diagrams, and fishbone diagrams are examples of Representations at which level of the REA enterprise ontology?

Representation and modeling are important for understanding enterprise information systems.

The script patterns we develop based on past experiences help us more often than not in understanding our present and future experiences.

An Introduction to Integrated Enterprise Information Systems

The REA Enterprise Ontology

The REA Enterprise Ontology: Business Process Modeling

Task Level Modeling

Relational Database Design

Information Retrieval From Relational Databases

The Sales/Collection Business Process

The Acquisitio/Payment Business Process

View Integration and Implementation Compromises

The Conversion Business Process

The Human Resource Business Process

The Financing Business Process

Enterprise System Risks and Controls

ERP Systems and E-Commerce

Filters