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AIS Questions and Answers graded A+
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AIS Questions and Answers graded A+ Match the IMA Management Accounting Competency Framework skill area with a matching skill. Strategic management <---- Reporting and control <---- Technology and analytics <---- Leadership <----. Professional ethics and values <---- --->...

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  • August 4, 2024
  • 37
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • ais questions and answers graded a
  • match the ima management accounting competency fra
  • true or false management must maintain evidential
  • business is the process of defining busines

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AIS Questions and Answers graded A+
Match the IMA Management Accounting Competency Framework skill area with a
matching skill.

Strategic management <----
Reporting and control <----
Technology and analytics <----
Leadership <----.
Professional ethics and values <---- - answer ---> Guide decision making
---> Report organizational performance
---> Analyze data to enhance organizational success
---> Facilitate collaboration
---> Demonstrate commitment to legal compliance

True or false: Management must maintain evidential matter, including documentation, to
provide reasonable support that it has established adequate internal control structures
and procedures. - answer true

Business ______ is the process of defining business process requirements and
evaluating potential improvements. - answer analysis

Documentation is important to businesses for all of the following reasons except:
Multiple choice question.
training
facilitating process improvement
facilitating tax reporting
standardized interactions
describing current processes - answer facilitating tax reporting

True or false: A business model is an abstract, simplified, representation of business
processes. - answer true

Business _____ allow the depiction of important features of business processes clearly
and concisely.
Multiple choice question.
information
systems
standards
models - answer models

Documentation explains how business processes and business systems . - answer
work

,Select all that apply
Business models allow managers to do which of the following:
Multiple select question.
evaluate staff performance
manage complexity
assess the impact of process change
assess the need for change - answer manage complexity
assess the need for change

Documentation includes business process , business rules, user manuals, training
manuals, and the like. - answer models

Documentation is important to auditors since it provides audit . - answer trails

True or false: Activity models show the sequence of workflow tasks in a business
process. - answer True

True or false: Documentation facilitates process improvement but does not show how a
process can be performed with fewer inputs and resources. - answer False

models are tools used for planning, documenting, discussing, and implementing
systems. - answer activity

A graphical representation presents information more than a written description. -
answer clearly

Business models create value in all of the following ways except:
Multiple choice question.
reconciling viewpoints
specifying requirements
supporting processes
managing complexity
managing compliance - answer supporting processes

Workflow models must describe all of the following except
Multiple choice question.
activities within the process.
activities outside of the process.
decision points that affect flow.
division of activity. - answer activities outside of the process.

Documentation includes all of the following except:
Multiple choice question.
training manuals.
financial reports.
business process models.

,organization charts. - answer financial reports.

An activity model describes the sequence of workflow in
Multiple choice question.
business communication.
a relational database.
external events.
a business process. - answer a business process.

The organization that maintains the specification for BPMN (business process modeling
notation) is the Management Group (OMG). - answer object

True or false: Activity models show information structures to support the development of
database systems. - answer false

Which of the following is NOT a characteristic of a good BPMN model?
Multiple choice question.
Shows the complete process
Complies with BPMN standards
Uses professional modeling software
Clearly describes the logic of a process - answer Uses professional modeling
software

Business _____ allow the depiction of important features of business processes clearly
and concisely.
Multiple choice question.
models
standards
systems
information - answer models

Events include all of the following except
Multiple choice question.
intermediate.
end.
middle.
start. - answer middle.

Select all that apply
Regardless of notation, workflow or activity models need to be able to describe:
Multiple select question.
the business rules affecting work flow.
the sequence of flow.
the event(s) that start the process.
the organizational role/function responsible for specific activities. - answer -the
sequence of flow.

, -the event(s) that start the process.
-the organizational role/function responsible for specific activities.

Which of the following symbols represent events in BPMN?
Multiple choice question.
Diamonds
Circles
Dashed arrow
Rectangles - answer Circles

Gateways control the branching and merging of the process flow and are represented
with . - answer diamonds

BPMN models should describe the of a business process unambiguously. - answer
logic

Depending on the diagram's level of detail, _____ represent processes, subprocesses
or tasks.
Multiple choice question.
events
annotations
gateways
activities - answer activities

True or false: In BPMN, there are three types of events: start, intermittent, and end
events. - answer false

In BPMN, sequence flows are modeled using . - answer arrows

Workflow models must describe all of the following except
Multiple choice question.
decision points that affect flow.
activities within the process.
division of activity.
activities outside of the process. - answer activities outside of the process.

In BPMN, which of the following symbols represent gateways:
Multiple choice question.
dashed arrow
rectangles
circles
diamonds - answer diamonds

An event is represented by a - answer circle

In BPMN, activities represent specific in the business process. - answer steps

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