BUAD 342 exam 1 Questions And Answers Latest Updates
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Module
BUAD 342
Institution
BUAD 342
Master files - ️️contain balance data or the status of an entity at a point in time.
Examples include inventory files, customer files, employee files, vendor files, or cash
account files
humans vs. computer - ️️- Humans are able to complete complex abstract thinking.
Our brains are able...
BUAD 342 exam 1
Master files - ✔️✔️contain balance data or the status of an entity at a point in time.
Examples include inventory files, customer files, employee files, vendor files, or cash
account files
humans vs. computer - ✔️✔️- Humans are able to complete complex abstract thinking.
Our brains are able to process multiple thought strains at one time.
- Computers, on the other hand, only think in TRUE or FALSE, 1's and 0's.
foreign keys - ✔️✔️A column or group of columns used to represent relationships.
Values of the foreign key match values of the primary key in a different (foreign) table.
example of source data automation (SDA) - ✔️✔️·Magnetic Ink Character Recognition
(MICR) (such as those on checks)
·Bar Code Reader/Scanner
·Optical Character Recognition (OCR)
·Magnetic Strip on credit cards
·Credit card chips
·RFID - radio frequency identification devices
·Touch screens
·Voice recognition & other biometrics devices
selling "things" event - ✔️✔️Order to cash process
Order to cash process - ✔️✔️1. market (market goods or services)
2. negotiate (negotiate terms of a sales order)
3. select and inspect
4. prepare (prepare goods/services for delivery)
5. deliver (deliver goods/services to customer)
6. receive payment
7. negotiate (negotiate terms/accept return)
Buying "things" event - ✔️✔️procure to pay process
Procure to Pay process - ✔️✔️1. identify (identify a need)
2. negotiate (negotiate a purchase order)
3. receive and inspect
4. store/maintain
5. pay vendor
6. return (return of goods to vendor)
, How is data captured? - ✔️✔️Source Data Automation (SDA)
Source Data Automation (SDA) - ✔️✔️collecting data
at its point of origin in digital form
EDI- Electronic Data Interchange - ✔️✔️(Electronic Data Interchange) when two
business companies collaborate to work together a lot of data exchange takes place-
bills, invoices, payment documents, shipping details (no humans involved)
How is data stored? - ✔️✔️DBMS- database management system
DBMS - ✔️✔️Database management system, a software suite designed to organize
and search data.
rows - ✔️✔️record
column - ✔️✔️field/attribute
primary keys - ✔️✔️These keys uniquely identify each record in the table and are
chosen at the time of table creation
Understanding Business Process Needs - ✔️✔️1. What is the business process?
2. What persons, places, things and events you want to keep data about. We call these
entities.
3. If, and how, these entities are related.
4.The characteristics that describe the entities. We call these characteristics attributes.
Which of the following is not a typical event in the Procure to Pay business process?
All of these are typical events in the Procure to Pay process.
Identify a need
Receive and Inspect Goods/Services from a Vendor
Deliver Goods/Services to Customer
Store and Maintain Goods - ✔️✔️Deliver Goods/Services to Customer
In regard to Big Data, differences in the types/sources of data (structured, unstructured
or semi-structured) are referred to as:
Velocity
Validity
Volume
None of these is correct.
Variety - ✔️✔️Variety
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