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BUAD 342 Exam 1 Review With 100% Verified Solutions

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  • BUAD 342

BUAD 342 Exam 1 Review With 100% Verified Solutions

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  • October 28, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • BUAD 342
  • BUAD 342
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BUAD 342 Exam 1 Review With 100%
Verified Solutions
Which of the following describes WHAT a business does?
A.Business Events
B.Business Attributes
C.Business Entities
D.Business Processes
E.Business Strategic Goals CORRECT ANSWERS D. Business Processes

Think of business processes as a cookbook for running a business and reaching
business goals defined in an organization's business strategy

Which of the following is not a source document related to Procure to Pay?
A.Receiving Report
B.Purchase Order
C.Purchase Requisition
D.Sales Invoice
E.All of these are related to P2P CORRECT ANSWERS D.Sales Invoice

Procure to Pay Source Documents:
Purchase order, Purchase Request, Receiving Report, Vendor's Invoice

____________contain data awaiting some action to complete their processing.
A.Transaction Files
B.Master Files
C.Reference Files
D.History Files
E.Suspense Files CORRECT ANSWERS E.Suspense Files

Suspense means awaiting for something - suspenseful -

Which of the following describes the accuracy and usefulness of Big Data?
A.Veracity
B.Verifiability
C.Velocity
D.Volume
E.None of the above CORRECT ANSWERS A.Veracity

Veracity is differences in data accuracy/quality

Extract, Transform, and Load describes the stages of:
A.Source Data Automation
B.Designing a relational database

, C.Building a data warehouse
D.Scrubbing and cleaning data
E.Both A and C CORRECT ANSWERS C.Building a data warehouse

Extract refers to data capture. During the Transform stage, designers scrub and clean
the data, transforming it and getting it ready for use by analysts. Finally, the data is
Loaded and indexed (organized), ready for use.

A company keeps data about each completed purchase of inventory during the current
month. What type of file is this data kept in?
A.Master File
B.Transaction File
C.Suspense File
D.History File
E.Reference File CORRECT ANSWERS B.Transaction File

a purchase requires a transaction

Which of the following is not a typical event in the Procure to Pay process?
A.Identify a need
B.Receive and Inspect goods or services from a vendor.
C.Return goods to a vendor.
D.All of the above are typical Procure to Pay events.
E.None of the above are typical Procure to pay events. CORRECT ANSWERS D.All of
the above are typical Procure to Pay events.

procure to pay business process:
1. Identify need and possibly internally request the purchase of goods or services by an
authorized purchasing agent.
2. Negotiate a purchase order with a vendor.
3. Receive and inspect goods or services from a vendor.
4. Store and/or maintain goods.
5. Pay a vendor for goods or services.
6. Return goods to a vendor.

No SQL is most often associated with
A.Big Data
B.Schema on Read databases
C.Relational databases
D.All of the Above
E.Both A and B CORRECT ANSWERS E.Both A and B

NoSQL database systems are a broad class of database management systems that
differ from relational database management system

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