Buad 342 Exam 1 Updated Actual Questions And Correct Answers (2)

BUAD 342 EXAM 1 UPDATED ACTUAL QUESTIONS AND
CORRECT ANSWERS (2)
Question:
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)
Answer:
Order to cash process

Question:
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)
Answer:
Procure to Pay process

Question:
Source Data Automation (SDA)
Answer:
collecting data
at its point of origin in digital form

Question:
example of source data automation (SDA)
Answer:
·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

Question:
(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)

,Answer:
EDI- Electronic Data Interchange

Question:
DBMS
Answer:
Database management system, a software suite designed to organize and search
data.

Question:
These keys uniquely identify each record in the table and are chosen at the time
of table creation
Answer:
primary keys

Question:
foreign keys
Answer:
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.

Question:
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.
Answer:
Understanding Business Process Needs

Question:
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
Answer:
Deliver Goods/Services to Customer

Question:
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
Answer:
Variety

Question:
________________ combine both data and methods (i.e.
instructions for processing the data) into a single
processing element.
Objects
Tables
Relationships
Entities
Values
Answer:
objects

Question:
Which of the following scenarios would most likely
benefit from real time processing instead of batch
processing?
None of these would benefit from real time processing.
Ticket Processing (sports or airline)
All of these benefit equally from real time processing.
Payroll Processing
Customer Billing
Answer:
Ticket Processing (sports or airline)

Question:
Case 1. Kyle works in the Receiving Department at
Jefferson Appliances. When goods are received from
suppliers, Kyle inspects them and sends them to the
warehouse. He then forwards a copy of the receiving
report to Sarah, the account payables clerk in the
Accounting Department. When it is time to pay for the
goods, Sarah prepares and mails a check to the supplier.
From the perspective of Jefferson Appliances, which
business process is being described in Case #1?
Receive and Inspect Goods
Procure to Pay
Negotiate Purchase Order
Order to Cash
Conversion
Answer: