Business Processes Overview Quiz
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Questions and Answers

What is a business process?

  • A series of steps to achieve a desired result for the government
  • A series of steps to achieve a desired result for an individual
  • A series of steps to achieve a desired result for an organization (correct)
  • A series of steps to achieve a desired result for a community

    • Which category of business processes involves getting money for operations?

  • Expenditure Processes
  • Conversion Processes
  • Fixed Asset Processes
  • Revenue Processes (correct)

    • What is the first step in the Expenditure Processes according to the text?

  • Payroll
  • Purchase Returns
  • Purchases (correct)
  • Cash Disbursements

    • What is involved in the Conversion Processes?

    <p>Logistics and Engineering</p> Signup and view all the answers

    What is the main focus of Fixed Asset Processes?

    <p>Overhead</p> Signup and view all the answers

    Which of the following is a primary function of an accounting information system?

    <p>Recording and processing financial transactions</p> Signup and view all the answers

    What is the purpose of internal controls in an organization?

    <p>All of the above</p> Signup and view all the answers

    What is the smallest unit of data storage in a computer?

    <p>Bit</p> Signup and view all the answers

    Which of the following is an example of a supply chain entity?

    <p>Vendors</p> Signup and view all the answers

    What is the primary goal of business process reengineering (BPR)?

    <p>To make business processes more efficient</p> Signup and view all the answers

    Which of the following is a primary objective of using information technology (IT) to support business processes?

    <p>All of the above</p> Signup and view all the answers

    What is the purpose of the receiving function in an organization?

    <p>To handle the purchase process</p> Signup and view all the answers

    Which of the following is a component of the supply chain?

    <p>Customers</p> Signup and view all the answers

    What is the purpose of the shipping function in an organization?

    <p>To handle the sales process</p> Signup and view all the answers

    What is the term used to describe the complete automation and integration of all business systems, including those connected to customers and suppliers?

    <p>Digital transformation</p> Signup and view all the answers

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