Chapter 5 Key Terms

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Key Word Flashcards from Accounting Information Systems Management BUS342 at Peru State College
Tayler Shellhase
Flashcards by Tayler Shellhase, updated more than 1 year ago
Tayler Shellhase
Created by Tayler Shellhase almost 2 years ago
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Access Controls Limits who can use and change records in the system; for example, passwords control who can use an application.
Accounts Receivable Monies owed by customers for prior sales of goods or services. In a data modeling context, we calculate accounts receivable as each customer’s sales less corresponding cash receipts.
Agents People or organizations (customers or salespeople) who participate in business events.
Application Controls Specific to a subsystem or an application to ensure the validity, completeness, and accuracy of the transaction.
Cash The organization's money in the bank or related accounts. Considered a resource.
Cash Receipts Record receipts of cash from external agents and the corresponding deposit of those receipts into cash accounts. Considered an event.
Choreography Science of examining raw data, removing the excess noise from the dataset, and organizing it to draw conclusions for decision making.
Collaboration A BPMN model showing two participant pools and the interactions between them within a process.
Customer External agent in the sales and collaboration process.
Error Event An intermediate event in a BPMN model showing processing for exceptions to the normal process flow.
Events (UML) Classes that model the organization’s transactions, usually affecting the organization’s resources, such as sales and cash receipts; (BPMN) important occurrences that affect the flow of activities in a business process, including start, intermediate, and end events.
Many-To-Many Relationship Exists when instances of one class (e.g., sales) are related to many instances of another class (e.g., inventory) and vice versa. These relationships are implemented in Access and relational databases by adding a linking table to convert the many-to-many relationship into two one-to-many relationships.
One-To-Many Relationship Exists when instances of one class relates to multiple instances of another class. A customer can participate in many sales but each sale only involves one customer.
Orchestration in BPMN, the sequence of activities within a pool.
Product A class representing the organization's goods held for sale (inventory). Considered a resource.
Quote Description of the products and/or services to be provided to a customer if ordered.
REA Resource-event-agent framework for modeling business processes, originally developed by William McCarthy.
Resources Things that have economic value to a firm, like cash and products.
Sales Events documenting the transfer of goods or services to customers and the corresponding recognition of revenue for the organization.
Sales Order Event documenting commitments by a customer to purchase products. Precedes the economic event (sale).
Subprocess Represents a series of process steps that are hidden from view in BPMN. Helps reduce complexity.
Type Image A class that represents management information to help manage a business process (Ex. policies and guidelines). Often allows process information to be summarized by category.
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