Accounting Vocab

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 comb 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 management cycle: model processes, create components, implement processes, assess results.

The BPML process begins with the model processes stage A business process that crosses into multiple companies is known as an intergenerational A functional business process resides within a single business function in a single company In a cross-functional business process management BPML 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 Businesses process modeling notation is a standard set of terms and graphical notations for documenting business processes.

In a BPML process diagram, a rectangle with rounded corners represents an activity In a BPML notation diamonds represent decisions and usually contain a question that can be answered with yes or no In a BPML process diagram, dotted arrows depict the flow of messages and data flows In a BPML, 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 feasibility What are the four dimensions of feasibility: cost, schedule, technical, and organizational feasibility Technical feasibility refers to whether existing information technology is likely to be able to meet the needs of the new system

Organizational feasibility concerns whether the new system fits within the company’s customs and culture A giant chart shows the tasks, start and finish dates and dependencies for the tasks of a project The is the representative for IS and IT issues within the executive staff, providing the IS perspective during discussions Of problem solutions, proposals, and new initiatives The is the representative for IS and IT issues within the executive staff, providing the IS.

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