What does "BPMN" stand for?
Business Process Modeling Notation
A simple, abstract, representation of one or more business processes is defined as:
a. Business Process
b. Business Analysis
c. Business Model
d. Documentation
c. Business Model
What do these types of symbols represent in a business process diagram?
a. Sequence flows
b. Gateways
c. Events
d. Activities
c. Events
Which of the following is not a role of the accounting function in business?
a. Financial close
b. Regulatory compliance
c. Project management
d. Using IT to make finance and accounting processes more efficient
e. All of the above are roles of the accounting function
e. All of the above are roles of the accounting function
Name 2 of the 7 ways that business models create value:
1. Managing complexity
2. Eliciting requirements
3. Reconciling viewpoints
4. Specifying requirements
5. Managing compliance
6. Supporting training
7. Managing and reusing knowledge
Which of the following is NOT named by the book as a characteristic of good BPMN models?
a. Correct
b. Clear
c. Creative
d. Complete
e. Consistent
c. Creative
What describes the sequence of workflow in a business process or processes?
a. Activity Model
b. Sequence Flows
c. Events
d. Gateways
a. Activity Model
The above symbol represents which of the following in a business process diagram?
a. Intermediate Error
b. Start Timer
c. End Message
d. Sales Event
a. Intermediate Error
Which of the following is not a purpose of business process documentation?
a. Facilitating process improvement
b. Specifying accountability
c. Training
d. Supporting internal audit
e. All of the above are purposes of business process documentation
e. All of the above are purposes of business process documentation
The American Institute of CPA’s created the Chartered Global Management Accountant (CGMA) designation, which describes the following four skills anchored by commitment to ethics, integrity and professionalism: (Name at least 3 out of 4)
1. Technical skills
2. Business skills
3. People skills
4. Leadership skills
Which of the following is not a flow object?
a. Gateways
b. Message events
c. Activities
d. Message flows
e. Timer events
d. Message flows
Fill in the blank:
"______ control the branching and merging of flow paths in the business process."
a. Sequence Flows
b. Gateways
c. Annotations
d. Turning Points
b. Gateways
The above symbol in a business process diagram represents:
a. Bracket
b. Gateway
c. Activity
d. Annotation
d. Annotation
Which of the following best describes a looping task?
a. The task repeats until a condition is satisfied
b. A looping task only repeats twice.
c. A looping task is modeled as a subprocess.
d. A looping task happens multiple times in parallel.
e. None of the above
a. The task repeats until a condition is satisfied
In the IMA competency framework, name at least three of the six skills listed that accounting professionals need to remain relevant in the digital age and adapt to rapidly changing technologies:
Strategic Management
Reporting & Control
Technology & Analytics
Business Acumen & Operations
Leadership
Professional Ethics & Values
What is the name of the arrow which shows the normal flow (the order of activities) in a business process diagram?
a. Timer flows
b. Message flows
c. Event flows
d. Sequence flows
d. Sequence flows
Fill in the blank:
"______ are things that happen; they affect of the flow of the business process when they occur."
Events
The above symbols in a business process diagram respectively represent:
a. Throwing, Catching
b. Catching, Throwing
c. Punting, Returning
d. Returning, Punting
b. Catching, Throwing
Which of the following is not an example of business process documentation?
a. Business process models
b. Training manuals
c. Organization charts
d. Internal audit
e. All of the above are examples of business process documentation
d. Internal audit
The book describes documentation as being important for six different reasons. Name at least 4 out of the 6.
1. Training
2. Describing current processes and systems
3. Auditing
4. Accountability
5. Standardized interactions
6. Facilitating process improvement
What does a "pool" represent and what does a "lane" represent in a business process diagram?
A pool represents an organization. Lanes represent the departments within the organization.
This represents the interactions between organizations in a flow chart:
a. Message flows
b. Communication channels
c. Gateways
d. Events
a. Message flows
This represents which type of gateway in a business process diagram?
a. Exclusive
b. Inclusive
c. Branching
d. Parallel
d. Parallel
Which of the following statements about sequence flows is not true?
a. Sequence flows are continuous from the start event through activities and gateways, if any, to an end event in a pool.
b. Sequence flows may not cross pool boundaries.
c. Sequence flows may not cross lane boundaries.
d. Tokens move along sequence flows.
e. None of the above.
b. Sequence flows may not cross pool boundaries.
Specific flowchart modeling notation must be able to describe 5 things. Name 3 of the 5:
Events that start, change, stop flow in process
Activities and tasks within process
Sequence of flow between tasks
Decision points that affect the flow
Division of activity depending on organizational roles