Deck 2: Accountants As Business Analysts

Question 1

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

Answer 1

True

Question 2

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)Customer support.
D)Investment appraisal.

Answer 2

C

Question 3

A business process does not contain activities.

Answer 3

False

Question 4

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

Question 5

Activity models can be used after a new system is implemented.

Question 6

Documentation is not used to assess internal controls.

Question 7

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 8

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

Question 9

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 10

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

Question 11

Every diagram must contain at least two pools.

Question 12

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

Question 13

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

Question 14

Business models are often more difficult to understand than written descriptions of activities.

Question 15

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

Question 16

Gateways depict branching of sequence flows but do not depict merging of those flows.

Question 17

Activity models are a relatively new process modeling tool.

Question 18

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

Question 19

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

Question 20

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

Question 21

Which of the following best describes why the Sarbanes-Oxley Act of 2002 (SOX)made documentation of business processes essential for businesses?

A)SOX mandates that accountants create the business rules and documenation associated with a company's business processes.
B)SOX requires managers to assess and attest to the company's internal controls structures and procedures.
C)SOX explicitly states that all business processes must be documented.
D)SOX allows thorough documentation of business processes to act as a substitute for a full review of internal control structures and procedures.

Question 22

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 23

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 24

Process documentation does not include which of the following?

A)Process models.
B)Business rules.
C)User manuals.
D)External audit workpapers.

Question 25

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

A)One employee taking an order while another collects payment in a drive-through.
B)Many customers watching one movie.
C)Two baristas working at a Starbucks counter.
D)One employee taking pizza orders.

Question 26

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)Auditing business processes.
D)Documenting current and future business processes.

Question 27

Which of the following best describes the purpose of swimlanes (or lanes)?

A)Depict different elements of timing 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 28

Which of the following is not a characteristic of a business model?

A)Simple.
B)Always refers to only one business process.
C)Graphical.
D)Contains business process information.

Question 29

In order to perform their required roles and be valuable business partners,accountants must understand all of the following except:

A)How the business identifies and designs its products and services.
B)How the business collects data,summarizes it,and communicates business information.
C)How the business delivers value,interacts with other businesses,and is a good corporate citizen.
D)What risks the business faces,and how internal controls can mitigate those risks.

Question 30

Which of the following is not an example of a good Business Process Model Notation (BPMN)model?

A)They are correct.
B)They are clear.
C)They are cohesive.
D)They are consistent.

Question 31

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 32

Which of the following notations 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 purpose of documentation?

A)Training.
B)Determining staffing.
C)Describing current processes.
D)Establishing accountability.

Question 34

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 35

Which of the following is not a building block for Business Process Modeling Notation (BPMN)diagrams?

A)Swimlanes.
B)Events.
C)Gateways.
D)Sequence flows.

Question 36

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 37

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 choices are correct.

Question 38

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 39

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 40

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 choices are correct.

Question 41

When creating a BPMN activity model,which of the following is most accurate?

A)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.
B)The resulting BPMN activity model should closely match the structure of the subsequent database.
C)All activity models should include gateways.
D)Different modelers given the same set of facts about a busines process should develop similar models of the process.

Question 42

An opaque external pool in a BPMN activity diagram is typically used becasue:

A)The external pool event is not important for the model.
B)It hides confidential information.
C)It involves external parties.
D)The external pool event contains a gateway that is addressed later.

Question 43

Which of the following is not a valid BPMN gateway type?

A)Parallel gateway.
B)Serial gateway.
C)Inclusive gateway.
D)Exclusive gateway.

Question 44

Which of the following BPMN shapes represents a data object?

A)
B)
C)
D)

Question 45

A pool in a BPMN activity model represents:

A)An organization/entity.
B)A department or functional area.
C)A specific individual.
D)A logical activity.

Question 46

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 47

A boundary event in a BPMN activity model:

A)Moves messages between pools.
B)Occurs for all errors.
C)Is attached to the edge of an activity.
D)Occurs as a message leaves a pool.

Question 48

Which of the following BPMN shapes represents an Error Event?

A)
B)
C)
D)

Question 49

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 50

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

A)
B)
C)
D)

Question 51

Which of the following BPMN shapes represents a data store?

A)
B)
C)
D)

Question 52

Which of the following BPMN shapes represents a Parallel Gateway?

A)
B)
C)
D)

Question 53

Message flows in BPMN activity diagrams indicate an exchange between:

A)Activities in the same swimlane.
B)Participants in a process
C)Gateways in different swimlanes.
D)Events in the same pool.