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BUAD 342 exam 1 questions with correct answers
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BUAD 342 exam 1 questions with correct answers
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BUAD 342 exam 1 questions with correctanswers
selling "things" event CORRECT ANSWERS Order to cash process
Order to cash process CORRECT ANSWERS 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 CORRECT ANSWERS procure to pay process
Procure to Pay process CORRECT ANSWERS 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? CORRECT ANSWERS Source Data Automation (SDA)
Source Data Automation (SDA) CORRECT ANSWERS collecting data
at its point of origin in digital form
example of source data automation (SDA) CORRECT ANSWERS ·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
EDI- Electronic Data Interchange CORRECT ANSWERS (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? CORRECT ANSWERS DBMS- database management system
, DBMS CORRECT ANSWERS Database management system, a software suite
designed to organize and search data.
rows CORRECT ANSWERS record
column CORRECT ANSWERS field/attribute
primary keys CORRECT ANSWERS These keys uniquely identify each record in the
table and are chosen at the time of table creation
foreign keys CORRECT ANSWERS 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.
Understanding Business Process Needs CORRECT ANSWERS 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 CORRECT ANSWERS 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 CORRECT ANSWERS Variety
________________ combine both data and methods (i.e. instructions for processing the
data) into a single processing element.
Objects
Tables
Relationships
Entities
Values CORRECT ANSWERS objects
Which of the following scenarios would most likely benefit from real time processing
instead of batch processing?
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