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INMT 341 Q&A Exam Bundle

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INMT 341 Exam 2 Practice Questions and Correct Answers

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what are the two business processes? -procure to pay -order to cash procure to pay objective get the goods we need, when we need them (from the right supplier based on quality, price, leadtime, etc.) order to cash objective sell things to customers to make a profit procure to pay business events ...

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INMT 341 Final Exam- GRC 2 Questions and Correct Answers

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defense in depth (security in depth) the concept of protecting a computer network with a series of defense mechanisms such that if one mechanism fails, another will be in place to thwart an attack defense in depth (security in depth) the coordinated use of multiple security countermeasures to prote...

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INMT 341 Exam 2 Review Questions and Complete Solutions

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In the P2P process, what 3 functions are crucial? Record, Maintain, Report What event causes 2 information processing events to occur in P2P? Receipt of goods --> record receipt and recognize liability What is EOQ? Traditional approach to ordering goods after they fall below a certain point (to...

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INMT 341 Exam 1 - Module 2 – Procurement Test Questions and Correct Answers

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Advance Shipping Notice (ASN) a notification of a pending delivery based on a purchase order or contract from the purchaser and is similar to receiving a packing slip in advance of the receipt of the actual shipment "Blind Copy" Purchase Order a version of the purchase order sent to the receiving...

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INMT 341 Exam 2 Study Questions and Correct Answers

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Application Programs programs written to accomplish certain tasks Application/System Programmers write application programs that store, maintain, and/or use database data to accomplish business and systems tasks Big Data A term used to describe large volumes of data Business Analytics Mindset pro...

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INMT 341 Exam 2 - Procure to Pay Review Questions and Correct Answers

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Procure to Pay Business Process Includes the business events associated with buying, maintaining, and paying for goods and services needed by the organization -Goods and services include: inventory (raw materials and finished goods), services (utilities, insurance, repairs, maintenance, research, d...

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INMT 341 GRC (Exam 3) Questions and Correct Answers

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IT governance framework describes leadership, organizational structures, and processes that ensure IT sustains and extends organizational strategies and objectives ITIL framework a framework that helps organizations manage their IT services across their lifecycle ISO/IEC 38500:20015 framework prov...

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INMT 341 Exam 2 - Data Modeling Review Questions and Correct Answers

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Information System Basics Includes two major components: -Data -Processing instructions (application program code) used to process that data into information or knowledge Data Accessed by Program Instructions Accessed in two ways: -User can supply data directly (via typing, voice, scanning, scre...

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INMT 341 Exam 1 Test Questions and Correct Answers

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Information management collection and management of information, gathered from a variety of sources, and the distribution of that information to one or more stakeholders Information management requires... managing and controlling the structure, processing, delivery, and security of information Bus...

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UTK INMT 341 Final Exam Questions and Correct Answers

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GRC (Governance, Risk, and Compliance) How do organizations effectively manage processes, people, and technology so that they help generate value? Governance Governing/managing processes, technology, and systems. IT governance describes a formal framework that provides a structure for organization...

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INMT 341 Exam 2 - Order to Cash Review Questions and Answers

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Order to Cash Process -A series of business events that collectively serve to attract customers, help customers select goods and services, deliver the goods and service requested, and collect payments for the goods and services -Also called Order to Payment, Revenue, and/or Sales process -Often vi...

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INMT 341 Final Exam Questions with Correct Answers

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Governance what we do to keep our stuff safe Risk Management identifying and controlling the risks associated w. processes, technologies, and systems GDPR (General Data Protection Regulation) any organization processing personal data of EU residents must protect personal data CCPA (California Con...

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INMT 341 - Final Exam Questions and Complete Solutions

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Black hole No process can have only inputs. If an object has only inputs, then it must be a sink If an object has only outputs it must be a source If an object has only inputs it must be a sink Context Diagram The least detailed level of data flow diagramming The diagram shows only the major info...

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