Deck 2: Accountants As Business Analysts

Question 1

Gateways only show decisions and possible branching as a result of the decision.

Answer 1

False

Question 2

Business Process Modeling Notation (BPMN) activity diagrams depict events as circles.

Answer 2

True

Question 3

Because business models are simpler than the processes they depict, they are limited in their ability to integrate local views of a process.

Answer 3

False

Question 4

In Business Process Modeling Notation (BPMN), activities are named with a short verb phrase placed within the rectangle.

Question 5

Data Flow Diagrams start with a circle indicating the start event.

Question 6

Business Process Modeling Notation (BPMN) activity diagrams depict activities as circles.

Question 7

A business process constrains business rules.

Question 8

To be valuable business partners, accountants must understand how the business delivers value to its employees.

Question 9

Accountants now face a challenge of helping businesses optimize processes.

Question 10

Documentation can be thought of as a tool for information transmission and communication.

Question 11

A business model is typically a graphical depiction of the essential business process information.

Question 12

An activity can depict a single action or some logical combination of actions depending on the required level of detail to achieve the objectives of the business process analysis.

Question 13

Swimlanes (or lanes) identify participants, e.g., functions or departments, in a process.

Question 14

Activity models are a relatively new process modeling tool.

Question 15

Business Process Modeling Notation (BPMN) start events are shown using ovals and flowchart start events are shown using circles.

Question 16

Business Process Modeling Notation (BPMN) activity diagrams are conceptually similar to process maps.

Question 17

Opportunity flowcharts identify opportunities for process improvement by separating value-added from non-value-added activities.

Question 18

Models should be simpler than the processes and systems they depict.

Question 19

Business Process Modeling Notation (BPMN) activity models typically show the sequence of flow from right to left and top to bottom.

Question 20

Documentation helps with training but won't help with regulatory compliance issues.

Question 21

Which of the following best describes a Business Process Modeling Notation (BPMN) message flow?
A. Shows the sequence of activities in a process.
B. Shows interactions between participants in a process.
C. Affects the flow of a business process.
D. Shows branching and merging in a business process.

Question 22

In order to perform their required roles and be valuable business partners, accountants must understand all of the following except:
E. How the business identifies and designs its products and services
F. How the business collects data, summarizes it, and communicates business information
G. How the business delivers value, interacts with other businesses, and is a good corporate citizen
H. What risks the business faces, and how internal controls can mitigate those risks

Question 23

Which of the following is not a Business Management Support role of the Accounting/Finance Function in Business?
A. Management information
B. Planning, budgeting and forecasting
C. Financial consolidation, reporting and analysis
D. Investment appraisal

Question 24

Which of the following best describes a business model?
A. A simple, abstract representation of a business process or processes.
B. A sequence of business activities.
C. An evaluation of potential business process improvements.
D. None of the above.

Question 25

Which of the following symbols depicts an intermediate event?
A. An arrow
B. A circle with a double line perimeter
C. A rectangle
D. A circle with a wide single line perimeter

Question 26

Which of the following is not a building block for Business Process Modeling Notation (BPMN) diagrams?
A. Associations
B. Events
C. Gateways
D. Sequence flows

Question 27

Which of the following best describes the purpose of a gateway in a Business Process Modeling Notation (BPMN) activity diagram?
A. Shows where the work takes place.
B. Describes the sequence of workflow.
C. Affects the flow of the business process.
D. Controls branching and merging.

Question 28

Which of the following is not a purpose of documentation?
A. Training
B. Determining staffing
C. Describing current processes
D. Establishing accountability

Question 29

Which of the following symbols depicts an activity?
A. An arrow
B. A circle with a double line perimeter
C. A rectangle
D. A circle with a wide single line perimeter

Question 30

Which of the following best describes the purpose of swimlanes (or lanes)?
A. Depict different organizations involved in a process.
B. Depict different departments of the same organization in a process.
C. Depict interactions between organizations in a process.
D. Depict the sequence of tasks in a process.

Question 31

Which of the following best describes the purpose of an activity model?
A. An activity model describes the sequence of workflow in a business process.
B. An activity model constrains and guides process operations.
C. An activity model depicts data structures.
D. None of the above.

Question 32

Which of the following symbols is used to depict different organizations in one Business Process Modeling Notation (BPMN) diagram?
A. Gateway
B. Message flow
C. Pool
D. Intermediate event

Question 33

Which of the following is not a common element of activity models regardless of the specific modeling notation?
A. Events to start and stop the workflow
B. Sequence of flow between tasks
C. Multiplicities
D. Decision points that affect the process flow

Question 34

Which of the following is not a Stewardship and Reporting role of the Accounting/Finance Function in Business?
A. Human Resource management
B. Regulatory compliance
C. Tax returns
D. Statutory reporting

Question 35

Which of the following is not an Accounting/Finance Operations role of the Accounting/Finance Function in Business?
A. Financial close - completing period end accounts
B. Stakeholder assurance
C. People management
D. Financial consolidation, reporting and analysis

Question 36

Process documentation does not include which of the following?
A. Process models
B. Business rules
C. User manuals
D. External audit workpapers

Question 37

Which of the following best describes the difference between a Business Process Modeling Notation (BPMN) gateway and a flowcharting decision diamond?
A. Only the decision diamond shows branching of the sequence flow.
B. The gateway ony represents branching and not the decision that results in branching.
C. Only the gateway shows branching of the sequence flow.
D. The decision diamond can depict more branching options.

Question 38

Which of the following best describes the purpose of an event in a Business Process Modeling Notation (BPMN) activity diagram?
A. Shows where the work takes place.
B. Describes the sequence of workflow.
C. Affects the flow of the business process.
D. Controls branching and merging.

Question 39

Which of the following is a difference between Business Process Modeling Notation (BPMN) activity diagrams and flowcharts?
A. BPMN symbols can show a variety of intermediate events that affect the sequence flow.
B. Flowcharts have symbols to represent the start and end of a process.
C. BPMN diagrams show the sequence flow of activities.
D. Flowcharts can be annotated with text.

Question 40

Business models provide value in all of the following areas except which one?
A. Employee performance appraisal
B. Managing complexity
C. Specifying systems requirements
D. Eliciting requirements for new systems

Question 41

A boundary event in a BPMN activity model:
A. Takes place at the edge of a swimlane
B. Occurs at the border of a pool.
C. Is attached to the edge of an activity.
D. Occurs as a message leaves a pool.

Question 42

Which of the following best describes why the Sarbanes-Oxley Act of 2002 (SOX) made documentation of business processes essential for businesses?
E. SOX mandates that accountants create the business rules and documenation associated with a company's business processes
F. SOX requires managers to assess and attest to the company's internal controls structures and procedures
G. SOX explicitly states that business processes must be documented
H. SOX allows thorough documentation of business processes to act as a substitute for a full review of internal control structures and procedures

Question 43

Which of the following BPMN shapes represents a Parallel Gateway?

A)
B)

C)
D)

Question 44

Activity models are analagous to which of the following?
A. The prototype for a new car model
B. A blueprint
C. The instructions in a recipe
D. A car's steering system

Question 45

Which of the following BPMN shapes represents a parallel multi-instance task?

A)
B)
C)
D)

Question 46

Which of the following BPMN shapes represents a data store?

A)
B)
C)
D)

Question 47

When creating a BPMN activity model, which of the following is most accurate?
E. Modeling is an artistic endeavor; therefore different modelers given the same set of facts about a business process will likely develop very different models of the process.
F. The resulting BPMN activity model should closely match the structure of the subsequent database.
G. All activity models should include gateways.
H. Different modelers given the same set of facts about a busines process should develop similar models of the process.

Question 48

When connecting to an opaque external pool in a BPMN activity diagram, message flows connect to:
A. The edge of the opaque pool.
B. The edge of the swimlane.
C. The nearest sequence flow.
D. The appropriate data store.

Question 49

Which of the following best describes how business models help companies manage complexity?
A. Because business models can't exceed one page, managers can understand how the business works at a glance.
B. Although business models are a simplification of the actual processes they represent, they incorporate the processes' essential elements.
C. Business models' limitations force managers to simplify the company's actual processes.
D. Business models must display every detailed task and activity, which allows managers to visualize the complexity inherent in its business processes.

Question 50

Message flows in BPMN activity diagrams indicate an exchange between:
A. Activities in the same swimlane
B. Participants in different pools
C. Gateways in different swimlanes
D. Events in the same pool

Question 51

Which of the following BPMN shapes represents an Error Event?

A)
B)
C)
D)

Question 52

A pool in a BPMN activity model represents:
A. An entire organization/entity.
B. A department or functional area.
C. A specific individual.
D. A logical activity.