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Accounting Vocab

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Accounting Vocab
A business process is a network of activities, repositories, roles, resources, and data flows that interact to accomplish a business function

Activities are collections of related tasks that receive inputs and produce outputs.

An inventory is a physical repository

In a business process, a role is a collection of procedures

Resources are people or comp applications that are assigned to roles

An as-is model documents the current situation of a business process

In business process management, once the as-is model is created, the team must create system components.

Steps in the business process magaement cycle: model processes, create components, implement processes, assess results.

The BPM process begins with the model processes stage

A business process that crosses into multiple companies is known as an interorganizational

A functiona business process resides within a single business function in a single company

In a cross-functional business process management BPM authority is shared across several departments in a single company

Which of the following is not a functional process in an organization: customer relationship management

Businesss pRocess modeling notation is a standard set of terms and graphical notations for documenting business processes.

In a bpmn process diagram, a rectancle with rounded corners represents an activity

In a bpmn notation diamonds represent decisions and usually contain a question that can be answered with yes or no

In a bpmn process diagram, dotted arrows depict the flow of messages and data flows

In a bpmn, solid arrows depict the flow or sequence of the activities in the process

Which of the following terms refers to the process of creating and maintaining information systems: systems development

The first step in the system definition phase of systems development is to define the goals and scope

Once we have defined the project’s goals and scope the next step is to assess

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