Question 1

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

Accepted Answer

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 
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 C

Question 2

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

Accepted Answer

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 
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 B

Question 3

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

Accepted Answer

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. 
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. C

Question 4

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

Accepted Answer

A) True 
 B)False

Question 5

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

Accepted Answer

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

Question 6

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

Accepted Answer

A) True 
 B)False

Question 7

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

Accepted Answer

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

Question 8

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

Accepted Answer

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

Question 9

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

Accepted Answer

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 
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 10

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

Accepted Answer

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

Question 11

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

Accepted Answer

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 
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 12

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

Accepted Answer

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. 
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 13

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

Accepted Answer

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 
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

Question 14

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

Accepted Answer

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. 
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 15

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

Accepted Answer

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. 
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 16

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?

Accepted Answer

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. 
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 17

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

Accepted Answer

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

Question 18

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

Accepted Answer

A) True 
 B)False

Question 19

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

Accepted Answer

A) True 
 B)False

Question 20

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

Accepted Answer

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. 
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.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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?

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

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

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

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

Accounting Information Systems and Firm Value

Accountants As Business Analysts

Data Modeling

Relational Databases and Enterprise Systems

Sales and Collections Business Process

Conversion Business Process

Reporting Processes and Extensible Business Reporting Language Xbrl

Data Analytics in Accounting: Concepts and the Amps Model

Data Analytics in Accounting: Tools and Practice

Emerging Technologies: Blockchain and Ai Automation

Accounting Information Systems and Internal Controls

Information Security and Computer Fraud

Monitoring and Auditing Ais

The Balanced Scorecard, Business Model Canvas, and Business Value of Information Technology

Evaluating Ais Investments

Filters

Exam 6: Purchases and Payments Business Process

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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?

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

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

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

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

Accounting Information Systems and Firm Value

Accountants As Business Analysts

Data Modeling

Relational Databases and Enterprise Systems

Sales and Collections Business Process

Conversion Business Process

Reporting Processes and Extensible Business Reporting Language Xbrl

Data Analytics in Accounting: Concepts and the Amps Model

Data Analytics in Accounting: Tools and Practice

Emerging Technologies: Blockchain and Ai Automation

Accounting Information Systems and Internal Controls

Information Security and Computer Fraud

Monitoring and Auditing Ais

The Balanced Scorecard, Business Model Canvas, and Business Value of Information Technology

Evaluating Ais Investments

Filters