Which of the following is an operating event in REA business process modeling? 1. Mail...
Which of the following is an operating event in REA business process modeling?
1.
Mail bill to customer
2.
Calculate accounts payable balance
3.
Decide to design new product packaging
4.
Provide service
Homework Answers
Answer is 4). Provide Service.
In REA operating events are activities that produce goods or provide services.
Add Answer to:
Which of the following is an operating event in REA business
process modeling?
1.
Mail...
2.Which of the following statements are true? (Check all that apply.) A.In an REA diagram, each...
2.Which of the following statements are true? (Check all that apply.) A.In an REA diagram, each event is linked to at least one resource. B.In an REA diagram, each event is linked to at least one other event. C.In an REA diagram, each relationship is linked to at least one resource. D.In an REA diagram, each relationship is linked to at least one agent. 2.Which of the following statements is true? A.The maximum cardinality is used to indicate whether the...
Use the following description to create a Business Process Modeling Notation (BPMN) activity diagram of Jeremy’s...
Use the following description to create a Business Process Modeling Notation (BPMN) activity diagram of Jeremy’s process. 2 Jeremy is using his bank’s online banking site to pay for his new phone. He logs onto the bank’s website by entering his user name and password, confirming his SiteKey. After access to his account, he selects the Bill Pay tab. He searches to see of the phone company is already listed in the “Pay To Accounts.” If the phone company is...
Which of the following best describes the difference between a Business Process Modeling Notation (BPMN) gateway...
Which of the following best describes the difference between a Business Process Modeling Notation (BPMN) gateway and a flowcharting decision diamond? Multiple Choice A) Only the decision diamond shows branching of the sequence flow. B) The decision diamond can depict more branching options. C) Only the gateway shows branching of the sequence flow. D) The gateway only represents branching and not the decision that results in branching. 2) In order to perform their required roles and be valuable business partners,...
T accounts? Trial Balance? The following events apply to Complete Business Service in 2018, its first...
T
accounts? Trial Balance?
The following events apply to Complete Business Service in 2018, its first year of operations: 1. Received $41,000 cash from the issue of common stock. 2. Earned $36,000 of service revenue on account. 3. Incurred $15,500 of operating expenses on account. 4. Received $25,500 cash for performing services. 5. Paid $13,500 cash to purchase land. 6. Collected $27,500 of cash from accounts receivable. 7. Received a $7,100 cash advance for services to be provided in the...
journal entry worksheet for 1-12? The following events apply to Complete Business Service in 2018, its...
journal entry worksheet for 1-12?
The following events apply to Complete Business Service in 2018, its first year of operations: 1. Received $41,000 cash from the issue of common stock. 2. Earned $36,000 of service revenue on account. 3. Incurred $15,500 of operating expenses on account. 4. Received $25,500 cash for performing services. 5. Paid $13,500 cash to purchase land. 6. Collected $27,500 of cash from accounts receivable. 7. Received a $7,100 cash advance for services to be provided in...
During March, the business completed the following transactions: 1- Issued common shares for $ 8000 cash...
During March, the business completed the following transactions: 1- Issued common shares for $ 8000 cash 2. Borrowed $42,000 from the bank, with Calderon signing a note payable in the name of the business. 3. Paid cash of $39,000 to a real estate company to acquire land. 4. Performed service for a customer and received cash of $20,000. 5. Purchased supplies on credit, $500. 6. Performed customer service and earned revenue on account, $3500. 7. Paid the following cash expenses:...
Which of the following factors would NOT be part of a process to improve a business’...
Which of the following factors would NOT be part of a process to improve a business’ competitive positioning in a global marketplace? Focusing on customers. Practicing continuous improvement. Relying on the Internet to unite companies. Reducing product quality to keep costs low. Which of the following statements concerning the U.S. service sector today is most accurate? This sector has grown much more rapidly than the manufacturing sector. It has become the low-wage sector of the U.S. economy. It focuses less...
figure 1.4 Assignment - 1: Identification and Documentation of a Business Process 1. Identify a business...
figure 1.4
Assignment - 1: Identification and Documentation of a Business Process 1. Identify a business that you are familiar with. 2. Draw The Value Chain Diagram of the business based on Figure 1.4 of the Textbook in Excel/Word. 3. Describe primary activities and support activities of the value chain. 4. Identify and describe a Business Process from the Value Chain. 5. Draw a Business Process Modeling Notation (BPMN) diagram using Excel/Word. Primary Activities Inbound Logistics Operations Outbound Logistics Marketing...
The following transactions have been journalized and posted to the proper accounts. 1. Mark Call invested...
The following transactions have been journalized and posted to the proper accounts. 1. Mark Call invested $7,000 cash in his new design services business. 2. The business paid the first month's rent with $700 cash. 3. The business purchased equipment by paying $2,000 down and executing a note payable for $4,500. 4. The business purchased supplies for $850 cash 5. The business billed its clients a total of $4,000 for design services rendered. 6. The business collected $3,000 on account...
During March, the business completed the following transactions: 1- Issued common shares for $ 8000 cash...
During March, the business completed the following transactions: 1- Issued common shares for $ 8000 cash 2. Borrowed $42,000 from the bank, with Calderon signing a note payable in the name of the business. 3. Paid cash of $39,000 to a real estate company to acquire land. 4. Performed service for a customer and received cash of $20,000. 5. Purchased supplies on credit, $500. 6. Performed customer service and earned revenue on account, $3500. 7. Paid the following cash expenses:...
T
accounts? Trial Balance?
The following events apply to Complete Business Service in 2018, its first year of operations: 1. Received $41,000 cash from the issue of common stock. 2. Earned $36,000 of service revenue on account. 3. Incurred $15,500 of operating expenses on account. 4. Received $25,500 cash for performing services. 5. Paid $13,500 cash to purchase land. 6. Collected $27,500 of cash from accounts receivable. 7. Received a $7,100 cash advance for services to be provided in the...
journal entry worksheet for 1-12?
The following events apply to Complete Business Service in 2018, its first year of operations: 1. Received $41,000 cash from the issue of common stock. 2. Earned $36,000 of service revenue on account. 3. Incurred $15,500 of operating expenses on account. 4. Received $25,500 cash for performing services. 5. Paid $13,500 cash to purchase land. 6. Collected $27,500 of cash from accounts receivable. 7. Received a $7,100 cash advance for services to be provided in...
figure 1.4
Assignment - 1: Identification and Documentation of a Business Process 1. Identify a business that you are familiar with. 2. Draw The Value Chain Diagram of the business based on Figure 1.4 of the Textbook in Excel/Word. 3. Describe primary activities and support activities of the value chain. 4. Identify and describe a Business Process from the Value Chain. 5. Draw a Business Process Modeling Notation (BPMN) diagram using Excel/Word. Primary Activities Inbound Logistics Operations Outbound Logistics Marketing...
The following transactions have been journalized and posted to the proper accounts. 1. Mark Call invested $7,000 cash in his new design services business. 2. The business paid the first month's rent with $700 cash. 3. The business purchased equipment by paying $2,000 down and executing a note payable for $4,500. 4. The business purchased supplies for $850 cash 5. The business billed its clients a total of $4,000 for design services rendered. 6. The business collected $3,000 on account...
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