Deck 6: Purchases and Payments Business Process

Question 1

Refer to the following UML class diagram to answer questions 11 to 15 below about the relational database based on this model.

Answer 1

True

Question 2

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

A)Each purchase order specifies many products
B)Each purchase is for one product
C)Each purchase can include many products
D)Checks are written after products are added to inventory

Answer 2

C

Question 3

In a BPMN collaboration model of the purchase process,which of the following is the appropriate term for the message flows between pools?

A)Orchestration
B)Choreography
C)Collaboration
D)Intermediate events

Answer 3

B

Question 4

The purchase is generally recorded in the financial statements when which of the following activities takes place?

A)Place purchase order.
B)Request prices and availability.
C)Send payment.
D)Receive items.

Question 5

In a BPMN collaboration model of the purchase process,which of the following best describes the purpose of swimlanes?

A)Capturing the process complexity
B)Clarifying the interaction between pools
C)Showing the sequence of activities in a pool
D)Showing different jobs in the purchase process

Question 6

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

A)Ensure suppliers are paid on time
B)Require segregation of order,receiving,and payment duties
C)Ensure suppliers are satisfied
D)Ensure an audit trail

Question 7

Which of the following activities is not associated with the purchase and payments business process?

A)Recording payments to vendors
B)Selling products and services
C)Buying products and services
D)Receiving goods

Question 8

Refer to the following UML class diagram to answer questions 1 to 5 below about the relational database based on this model.

Question 9

Many companies record both purchase orders and purchases;when would such a company recognize in the financial statements the purchase?

A)When the purchase order is issued.
B)When the supplier receives the purchase order.
C)When the products are received from the supplier and accepted.
D)When the products are sold.

Question 10

Review the following diagram.Which answer provides the best interpretation of the multiplicities for the association between the Product Categories and Supplier Categories classes?

A)Each partner can only purchase products from one supplier category and for one product category.
B)Every supplier and product category can be managed by several partners,but no partner manages both.
C)Some partners may manage several product categories,and some partners may manage several supplier categories,but there is no direct link between supplier and product categories.
D)Supplier and product category information can be used to calculate year-to-date sales for each product/supplier category combination.

Question 11

Refer to the following UML class diagram to answer questions 1 to 5 below about the relational database based on this model.

Question 12

In a BPMN activity diagram,which of the following represent a valid use for an intermediate timer event?

A)Represent a time delay
B)Indicates a delay to a specific date/time
C)Indicates a delay to a relative date,such as next Thursday
D)All of these choices are correct

Question 13

Refer to the following UML class diagram to answer questions 1 to 5 below about the relational database based on this model.

Question 14

Refer to the following UML class diagram to answer questions 11 to 15 below about the relational database based on this model.

Question 15

Refer to the following UML class diagram to answer questions 1 to 5 below about the relational database based on this model.

Question 16

Refer to the following UML class diagram to answer questions 11 to 15 below about the relational database based on this model.

Question 17

Refer to the following UML class diagram to answer questions 11 to 15 below about the relational database based on this model.

Question 18

In a BPMN collaboration model of the purchase process,one pool describes the focal organization's activities and the other pool describes what?

A)The supplier's activities
B)The customer's activities
C)The sequence of steps in the process
D)The message flows between the pools

Question 19

Review the following diagram.Which answer provides the best interpretation of the multiplicities for the association between the Sunset Partners and Supplier Categories classes?

A)Each partner can be assigned to manage many supplier categories
B)Each partner can only purchase products from one supplier category
C)Each supplier category is managed by several partners
D)Each supplier is linked to one partner

Question 20

Review the following diagram.Which answer provides the best interpretation of the multiplicities for the association between the Purchases and Cash Disbursements classes?

A)Each supplier must be paid for the purchases from that supplier
B)Disbursements are made after the purchases are recorded
C)One purchase can result in multiple payments to the supplier
D)Each check written to the supplier is for one specific purchase

Question 21

The following diagram would result in a database with how many tables?

A)6.
B)8.
C)10.
D)12.

Question 22

When documenting a purchases and payments business process,which of the following BPMN activity diagram symbols should be used to indicate that accounts payable waits until the end of the month to pay vendors?

A)Intermediate timer event.
B)Collapsed subprocess.
C)Delay mode gateway.
D)Pause activity.

Question 23

Which of the following two tables would likely result in a many-to-many relationship in a purchases and payments class diagram?

A)Purcase Order and Products.
B)Products to Product Categories.
C)Sunset Partner to Purchases.
D)Suplier to Purchases.

Question 24

In the following diagram,which of the following provides the best interpretation of the multiplicities for the association between the employees and purchases classes?

A)A single purchase can be made by a combination of several employees.
B)An employee can make a maximum of one purchase.
C)Each purchase must be made by one employee.
D)Each product should be received by an employee.

Question 25

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

A)Analyze Inventory→Place Purchase Order→Send Payment.
B)Request prices and availability→Receive Items→Record Accounts Payable.
C)Request prices and availability→Place Purchase Order→Receive Items→Send Payment.
D)Create Purchase Order→Create Journal Entry→Receive Items→Send Payment.

Question 26

Which of the following is not a desired access control when developing a purchases and payments business process?

A)The person placing the purchase order must not receive the items.
B)The person returning items to the supplier must not view the original purchase order.
C)The person receiving the order must not see the original purchase order quantities.
D)The person paying the supplier must not be able to modify the purchase order.

Question 27

Which of the following is not an application control when placing a purchase order?

A)System provided purchase order number.
B)System provided type image.
C)System provided default values.
D)System provided range and limit checks.

Question 28

A BPMN activity diagram that contains two blank pools would typically be created in order to highlight which of the following?

A)The orchestration of the business process.
B)The activities in the business process.
C)The choreography of the business process.
D)The decisions made in the business process.

Question 29

Which of the following best describes a type image?

A)A description attached to a UML association when there are multiple associations between classes.
B)A UML class added to collect management information,such as category.
C)A BPMN activity that allows a business process to branch based on type.
D)A description attached to a BPMN gateway that clarifies the nature of the gateway.

Question 30

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

A)Accounts Payable,Receiving & Buyer.
B)Supplier,Receiving & Buyer.
C)Supplier,Accounts Payable & Receiving.
D)Accounts Payable,Receiving & Shipping.

Question 31

Which of the following would likely be a foreign key in a purchases table?

A)Purchase_Order_Date.
B)Purchase_Order_Number.
C)Supplier_Number.
D)Product_Description.

Question 32

In the following diagram,which of the following provides the best interpretation of the multiplicities for the association between the employees and product categories classes?

A)Each product category may be managed by several employees.
B)Each employee is only authorized to purchase products from a single category.
C)Each employee may be assigned to manage many product categories.
D)Each product category includes many products.

Question 33

In the following diagram,which of the following provides the best interpretation of the multiplicities for the association between the cash disbursements and employees classes?

A)A cash disbursement must be made by the employee who made the purchase.
B)A cash disbursement can be made by a combination of several employees.
C)An employee can make a maximum of one cash disbursement.
D)Each cash disbursement must be made by one employee.

Question 34

Which of the following is an example of an application control for the purchases and payments business process?

A)Management approval is required for large purchases.
B)The employee who receives supplier goods must not be the same employee who ordered the goods.
C)Defective items should be returned to suppliers promptly.
D)The purchase order number is automatically assigned.

Question 35

Which of the following would likely be a primary key in a purchases table?

A)Purchase_Order_Date.
B)Purchase_Order_Number.
C)Supplier_Number.
D)Product_Description.

Question 36

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

A)Accounts Receivable.
B)Inventory.
C)Purchase Discounts.
D)Cash.