Chapter 6

Question	Answer
accounts payable	Amounts owed to suppliers for goods/services received. Calculated based on receipts (purchases) from each supplier less the corresponding payments (cash disbursements) to those suppliers.
agents	The people or organizations who participate in business events.
cash	The organization's money in bank or related accounts.
cash disbursements	The events of recording payments of cash to external agents and the corresponding reduction in cash accounts.
choreography	The science of examining raw data, removing excess noise, and organizing the data to draw conclusions for decisions.
collaboration	BPMN model that shows two participants pools and the interactions between them within a process.
events	(UML) Classes that model the organization's transactions usually affecting the organization's resources. (BPMN) Important occurrences that affect the flow of activities.
gateway	Shows process branching and merging as the result of decisions. Basic gateways are depicted as diamonds. Usually appear as pairs with the first showing the branching and the second showing the merging.
intermediate event	An events that occurs between start and end events, and affects the flow of the process.
intermediate timer event	An event that indicates a delay in the normal process flow until a fixed amount of time has elapsed.
many-to-many relationship	A relationship that exists when instances of one class are related to many instances of another class and vice versa.
one-to-one relationship	A relationship that exists when instances of one class are related to only one instance of another class, and each instance of the other class is related to only one instance of the original class.
orchestration	BPMN: the sequence of activities within one pool
product	Class representing the organization's goods held for sale-- or inventory. Considered to be a resource.
purchase discount	An offer from the supplier to reduce the cost of a purchase if payment is made according to specified terms.
purchase order	A commitment events that precedes the economic purchase events.
purchases	Records the receipt of goods of services from a supplier and the corresponding obligation to pay the supplier.
REA	Resource -Event- Agent Framework for modeling business processes. Developed by William McCarthy
receipt	Another way to say "purchases event"
resources	Things that have economic value to a firm
subprocess	A series of process steps that are hidden from vie in BPMN. Helps to reduce complexity.
suppliers	In the UML diagram of the purchases and payments process, the external agents from whom goods and services are purchased and to whom payments are made.
timer events	Indication of a delay in the flow of a process to a specific date, elapsed time, or relative repetitive date.
type images	Class that represents management info to help manage business process. Often allow process info to be summarized by category.

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