Accounting > EXAM > ACCT 310 Test 2 | Verified with 100% Correct Answers (All)
ACCT 310 Test 2 | Verified with 100% Correct Answers Which of the following best describes the purpose of a BPMN collapsed sub-process? Contains a series of activities that are hidden from view Whi ... ch of the following best describes the purpose of an intermediate error event? Illustrates the process flow when an exception occurs Which of the following best describes the difference between access controls and application controls? Access controls limit who can change records and application controls provide an audit trail of any changes Review the following diagram. Which answer provides the best interpretation of the multiplicities for the association between the Quote class and the Order class? Each quote may result in many future Orders Refer to the following diagram. Which of the following answers provides the best interpretation of the multiplicities for the association between the Order class and the Products class? An order may include many products Refer to the following diagram. Which of the following answers provides the best interpretation of the multiplicities for the association between the Cash Receipt and Cash classes? Each cash receipt is deposited int one bank account Refer to the following diagram. Which of the following answers provides the best interpretation of the multiplicities for the association between the Orders and Cash Receipt classes? Each cash receipt pays for at least one order but it could pay for many orders Refer to the following diagram. Which of the following answers provides the best interpretation of the multiplicities for the association between the Employees and the Product Categories classes? Each product category has one manager Refer to the following diagram. Which of the following answers does not provide a valid interpretation of the multiplicities for the association between the Employees and the Sales classes? Several employees participate in each sale Refer to the following diagram. Which of the following answers does not provide a valid interpretation of the multiplicities for the association between the Inventory and the Product Category classes? Every product category includes at least one inventory item Which of the following activities is not associated with the sales and collection business process? Maintaining vendor records Which of the following occurs at the same time a sale of goods occurs? Recognition of cost of goods sold Which of the following best describes the purpose of an intermediate timer event? Illustrates the process flow when a delay occurs Which of the following best describes the purpose of an intermediate timer event? Illustrates the process flow when a delay occurs Which of the following best describes the choreography in a BPMN activity diagram? Shows the interaction of messages between participants in the business process Which of the following best describes the orchestration in a BPMN activity diagram? Show the sequence of activities within one pool Which of the following is not one of the elements to be identified when developing business rules? Access controls that limit who can use information Business rules are an example of which COSO concept? Control activities Which of the following best describes the use of type images in UML class modeling? Allow categorization of REA classes based on management's information needs 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? Customers may pay for sales orders in multiple payments Consider the following diagram. How will the database relationship between Customers and Sales Orders be implemented? The Customer ID will be included as a foreign key in the Sales Orders table 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 new table will be created that contains both Sales Order ID and Product ID as its composite primary key 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? The actual values will depend on the nature of the business Consider the following diagram. How will the database relationship between Employees and Sales Orders be implemented? The Employee ID will be included as a foreign key in the Sales Orders table Consider the following diagram. Which of the following best describes how the relationship between Sales Orders and Cash Receipts will be implemented in the resulting database? A new table will be created that contains both Sales Order ID and Cash Receipt ID as its composite primary key Which of the following best describes the purpose of a BPMN collapsed sub-process? Contains a series of activities that are hidden from view Which of the following best describes the purpose of an intermediate error event? Illustrates the process flow when an exception occurs Which of the following best describes the difference between access controls and application controls? Access controls limit who can change records and application controls provide an audit trail of any changes Review the following diagram. Which answer provides the best interpretation of the multiplicities for the association between the Quote class and the Order class? Each quote may result in many future Orders Refer to the following diagram. Which of the following answers provides the best interpretation of the multiplicities for the association between the Order class and the Products class? An order may include many products Refer to the following diagram. Which of the following answers provides the best interpretation of the multiplicities for the association between the Cash Receipt and Cash classes? Each cash receipt is deposited into one bank account Refer to the following diagram. Which of the following answers provides the best interpretation of the multiplicities for the association between the Orders and Cash Receipt classes? Each cash receipt pays for at lease one order, but it could pay for many orders Refer to the following diagram. Which of the following answers provides the best interpretation of the multiplicities for the association between the Employees and the Product Categories classes? Each product category has one manager Refer to the following diagram. Which of the following answers does not provide a valid interpretation of the multiplicities for the association between the Employees and the Sales classes? Several employees participate in each sales Refer to the following diagram. Which of the following answers does not provide a valid interpretation of the multiplicities for the association between the Inventory and the Product Category classes? Every product category includes at least one inventory item Which of the following activities is not associated with the sales and collection business process? Maintaining vendor records Which of the following occurs at the same time a sale of goods occurs? Recognition of cost of goods sold Which of the following best describes the purpose of an intermediate timer event? Illustrates the process flow when a delay occurs Which of the following best describes the purpose of an intermediate timer event? Illustrates the process flow when a delay occurs Which of the following best describes the choreography in a BPMN activity diagram? Shows the interaction of messages between participants in the business process Which of the following best describes the orchestration in a BPMN activity diagram? Shows the sequence of activities within one pool Which of the following is not one of the elements to be identified when developing business rules? Access controls that limit who can use information Business rules are an example of which COSO concept? Control activities Which of the following best describes the use of type images in UML class modeling? Allow categorization of REA classes based on management's information needs 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? Customers may pay for sales orders in multiple payments Consider the following diagram. How will the database relationship between Customers and Sales Orders be implemented? The Customer ID will be included as a foreign key in the Sales Orders table 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 new table will be created that contains both Sales Order ID and Product ID as its composite primary key 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? The actual values will depend on the nature of the business Consider the following diagram. How will the database relationship between Employees and Sales Orders be implemented? The Employee ID will be included as a foreign key in the Sales Orders table Consider the following diagram. Which of the following best describes how the relationship between Sales Orders and Cash Receipts will be implemented in the resulting database? A new table will be created that contains both Sales Order ID and Cash Receipt ID as its composite primary key The Purchase Orders table would have five foreign keys. False The Cash Disbursements table would have three foreign keys. True The association between Purchase Orders and Products would be implemented with a linking table. True The association between Purchase Orders and Cash Disbursements would be implemented with a linking table. False The Purchase Orders table would contain two foreign keys to implement the associations with Employees. True The Purchases table would have four foreign keys. True The associate between Purchase Orders and Purchases would be implemented with a linking table. False The Purchase Orders table would have the same foreign keys as the Purchases table. False Each Purchase Order would be ultimately linked to one cash disbursement. False The Cash Disbursements table would have three foreign keys. True The Products table would include a foreign key to link it to Product Categories. True The association between Purchase Orders and Cash Disbursements could be implemented with a foreign key in either table but not both. True The linking table between Supplier Categories and Product Categories would likely contain the attribute summarizing year-to-date purchases for each supplier category and product category combination. True The linking table between Purchase Orders and Products would likely indicate the quantity of each product ordered and the quantity of each product received. True A query using Purchase Orders and Cash Disbursements could report accounts payable by showing records where the foreign key was NULL (blank). True Many companies record both purchase orders and purchases; when would such a company recognize the purchase? When the products are received from the supplier and accepted. In a BPMN collaboration model of the purchase process, one pool describes the focal organization's activities and the other pool describes what? The supplier's activities. In a BPMN collaboration model of the purchase process, which of the following is the appropriate term for the message flows between pools? Choreography. In a BPMN collaboration model of the purchase process, which of the following best describes the purpose of swimlanes? Showing different jobs in the purchase process. In a BPMN activity diagram, which of the following represent a valid use for an intermediate timer event? Indicates a delay to a relative date, such as next Thursday Indicates a delay to a specific data/time All of these choices are correct. Represent a time delay Which of the following least reflects the purpose of a business rule in the purchase process? Ensure suppliers are satisfied. Review the following diagram. Which answer provides the best interpretation of the multiplicities for the association between the Purchases and Cash Disbursements classes? Disbursements are made after the purchases are recorded. Review the following diagram. Which answer provides the best interpretation of the multiplicities for the association between the Purchases and Products classes? Each purchase can include many products. Review the following diagram. Which answer provides the best interpretation of the multiplicities for the association between the Sunset Partners and Supplier Categories classes? Each partner can be assigned to manage many supplier categories. Review the following diagram. Which answer provides the best interpretation of the multiplicities for the association between the Product Categories and Supplier Categories classes? 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. Which of the following activities is not associated with the purchase and payments business process? Maintaining customer records. The purchase is generally recorded when which of the following activities takes place? [Show More]
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