Quiz
Chapter 10 Simkin
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Questions in this quiz (20)
1Which of the following statements best describes business process outsourcing?
- AA company focuses on its core business processes and contracts with another firm
to do the other processes - BCompanies frequently outsource core business processes
- CDue to networked enterprises and advanced technology, more employees may
work from their homes or alternate locations - DInitially, companies engaged in business process outsourcing to offer employees
more opportunities to travel and more career choices for advancement
- AA company focuses on its core business processes and contracts with another firm
2Networked enterprises and globalization have enabled a new business model called “business-without-boundaries.” Which of the following statements describes this business model?
- ACompanies no longer have all of their employees in one location
- BIt is called offshoring and companies contract with firms in other countries to do such business processes as human resources, payroll, and accounting
- Cc) Companies are under a great deal of scrutiny to manage costs and generate revenue so they contract with foreign firms to do various business processes at a lower cost to the company
- Dall of the above statements describe this model
3Which of the following statements best describes a business process?
- AIt is a collection of activities in an organization that creates value
- BThe nature and type of processes might vary from industry to industry
- CIt is an activity that increases and/or decreases dollar amounts on the financial
statements - DIt is an economic event in the life of an organization
4Which of the following Business Process Management (BPM) software solutions is most
often associated with the sales process- AEnterprise resource management
- BIntegrated management
- CCustomer relationship management
- DSupply chain management
- Enone of the above
5Much of the input and output related to business processes is now electronic. Which of
the following technologies is becoming increasingly popular to manage inventory?- AEDI
- BRFID tags
- CMagnetic ink characters that can be quickly and easily scanned
- DBluetooth and wireless-enabled laptop computers
6When companies outsource business processes to other countries, such as India, and the
Philippines, it is often the case that workers in those countries:- AGain job prestige
- BEnjoy a better quality of life
- CHave higher income
- Dall the above
7Which of the following is not an example of a source document?
- AReceiving report
- BPurchase order
- CSales order
- DAging report
8The primary objective in processing revenues is to:
- ASell as many goods as possible
- BAchieve timely and efficient cash collection
- CMaximize an organization’s sales orders
- DOnly sell goods to customers who can pay their bills
9An important input to the sales process is:
- AA customer sales order
- BThe cash forecast
- CAged accounts receivable information
- DA receiving report
10Which source document is used to request goods?
- APurchase order
- BShipping notice
- CPurchase requisition
- DSales order
11All of the following are inputs (source documents) to the sales process except:
- ASales order
- BShipping notice
- CRemittance advice
- Dall of the above are source documents to the sales process
12Inputs to transaction processing systems:
- AAre always in hard copy
- BAre best when input in a graphical format
- CMay be in an electronic format when an EDI system is used
- DMay never be audio
13Much of the input and output related to business processes is now electronic. Which of
the following technologies is becoming increasingly popular to manage inventory?- AEDI
- BRFID tags
- CMagnetic ink characters that can be quickly and easily scanned
- DBluetooth and wireless-enabled laptop computers
14A shipping notice is a source document that accompanies goods sent to a customer.
- ATrue
- BFalse
15Which source document is used to request goods?
- APurchase order
- BShipping notice
- CPurchase requisition
- DSales order
16Which of the following is not an objective of the sales process?
- AControlling inventory
- BTracking sales of goods and/or services to customers
- CBilling for goods and services
- DForecasting sales and cash receipts
17Subsidiary ledgers are frequently maintained for accounts receivable and inventory
accounts.- ATrue
- BFalse
18Debit/credit memoranda are issued when there is a discrepancy about the amount owed or
when goods are returned.- ATrue
- BFalse
19All of the following are inputs (source documents) to the purchasing process except:
- APurchase order
- BVendor listing
- CBill of lading
- Dall of the above are source documents to the purchasing process
20A cash disbursements journal is an example of a special journal.
- ATrue
- BFalse
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- Description
- Quiz on Chapter 10 Simkin, created by Andrew Knifer on 11/12/2016.
- Author
- Andrew Knifer
- Language
- English
- Views
- 7
- History
- Created on 11 Dec 2016 · updated on 14 Dec 2016
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