Quiz 2: Accountants As Business Analysts
Business
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True False
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Q 2Q 2
To be valuable business partners,accountants must understand how the business delivers value to its employees.
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True False
False
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False
Q 4Q 4
A business model is typically a graphical depiction of the essential business process information.
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True False
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True False
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True False
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True False
Q 8Q 8
Because business models are simpler than the processes they depict,they are limited in their ability to integrate local views of a process.
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True False
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True False
Q 10Q 10
In Business Process Modeling Notation (BPMN),activities are named with a short verb phrase placed within the rectangle.
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True False
Q 11Q 11
Business Process Modeling Notation (BPMN)activity models show the sequence of flow from right to left and top to bottom.
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True False
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True False
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True False
Q 14Q 14
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.
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True False
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True False
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True False
Q 17Q 17
Business Process Modeling Notation (BPMN)activity diagrams are conceptually similar to process maps.
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True False
Q 18Q 18
Business Process Modeling Notation (BPMN)start events are shown using ovals and flowchart start events are shown using circles.
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True False
Q 19Q 19
Opportunity flowcharts identify opportunities for process improvement by separating value-added from non-value-added activities.
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True False
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Q 21Q 21
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
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Multiple Choice
Q 22Q 22
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
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Multiple Choice
Q 23Q 23
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
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Multiple Choice
Q 24Q 24
Which of the following is not part of the business analysis process?
A) Ascertaining information about current and future business processes.
B) Using business process modeling tools.
C) Using IT to make finance and accounting processes more efficient and effective.
D) Documenting current and future business processes.
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Multiple Choice
Q 25Q 25
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.
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Multiple Choice
Q 26Q 26
Process documentation does not include which of the following?
A) Process models
B) Business rules
C) User manuals
D) External audit workpapers
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Multiple Choice
Q 27Q 27
Which of the following is not a purpose of documentation?
A) Training
B) Determining staffing
C) Describing current processes
D) Establishing accountability
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Multiple Choice
Q 28Q 28
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
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Multiple Choice
Q 29Q 29
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.
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Multiple Choice
Q 30Q 30
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
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Multiple Choice
Q 31Q 31
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
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Multiple Choice
Q 32Q 32
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.
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Multiple Choice
Q 33Q 33
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.
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Multiple Choice
Q 34Q 34
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
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Multiple Choice
Q 35Q 35
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
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Multiple Choice
Q 36Q 36
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
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Multiple Choice
Q 37Q 37
Which of the following best describes the purpose of a swimlane?
A) Depicts different organizations involved in a process.
B) Depicts different departments of the same organization in a process.
C) Depicts interactions between organizations in a process.
D) Depicts the sequence of tasks in a process.
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Multiple Choice
Q 38Q 38
Which of the following best describes a Business Process Modeling Notation (BPMN)message flow?
A) Shows 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.
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Multiple Choice
Q 39Q 39
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 only 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.
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Multiple Choice
Q 40Q 40
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.
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Multiple Choice
Q 41Q 41
Use the following description to create a Business Process Modeling Notation (BPMN)activity diagram of the process.
Nora accesses the Amazon.com website to purchase a favorite musician's latest album.She searches for the musician's name.Amazon displays the results of the search,and she selects the correct entry.She samples the music and then decides whether to purchase the album.If she decides to purchase the album,then she must decide whether to purchase a physical CD or just download the MP3 files.
If she decides to purchase the CD,she clicks on the buy now button.Since she is an Amazon Prime member,she automatically receives free 2-day delivery and the item is charged to her credit card.She then waits 2 days for the delivery of the CD.When it arrives,she can enjoy the music.
If she decides to purchase the MP3,she selects that option and again clicks on the buy now button.She is charged for the item and taken to a page to download her music.She downloads the album,and then she can enjoy her music.
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Essay
Q 42Q 42
Use the following description to create a Business Process Modeling Notation (BPMN)activity diagram of the process.
Jeremy is using his banks online banking site to pay for his new phone.He logs onto the bank's website by entering his user name and password,confirming his SiteKey.After access to his account,he selects the Bill Pay tab.He searches to see of the phone company is already listed in the "Pay To Accounts."
If the phone company is not listed,he clicks on the option to "Add a New Pay To Account." He fills in the information for the phone company,including the name,address,account number,and phone number.After completing the entry,he is taken back to the list of "Pay To Accounts."
If the phone company is listed (or if he just completed entering the new account),he enters the amount of the payment.Then,he selects the option to set up a recurring payment.He enters the number of payments.Then,he selects the date that the payment should be sent each month.He then logs out of the banks online banking site and closes his browser.
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Q 43Q 43
Use the following description to create a Business Process Modeling Notation (BPMN)activity diagram of the process.
Caitlin is planning to run in the local July 4th 5K run.She wants to register online,but she forgot the websites URL.So,she navigates to Google and starts a search for the site.She selects the registration site from the search results.Once at the site,she selects the option to register for the 4th of July run.She fills in the registration form and provides her credit card information for payment.
After completing her own registration,she decides to register the other members of her team.One-by-one,she enters the registration information for the team member and pays for their entry.After completing all the registrations,she provides a user name and password so she can return to the site to see their results after the race.She logs out of the site and closes her browser.
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Essay