Automated Business Process – Test 2

Which of these is a systematic approach to improving the set of activities that will accomplish a specific organization goal?

Which is the correct sequence of steps for implementing a BPA?
i) Define why we plan to implement a BPA?
i) Engage the business process consultant.
ii) Developing the BPA
iii) Define the objective/Goals
iv) Calculate ROI of Project
v) Testing the BPA
vi) Document the Process, we wish to automate
vii) Understand rules/ regulation under which enterprise needs to comply with?

Which is the risk that could prevent organization from operating in the most efficient & effective manner?

Define the correct sequence of order to cash cycle.
i) Receivables, ii) Sales & Marketing, iii) Order Fulfillment, iv) Manufacturing

Which is not covered under director’s responsibility statement?

There are how many categories of business processes?

Which are not the criteria while deciding goal for implementing BPA?

Which are not the criteria for assessing whether internal control is well designed & properly operated?

Which document is checked by accounts payable department before making payment under Account payable department?

Which is not the risk response strategy for specific risks identified?

Which is not a category of business process?

Which is the type of control?

Which of these is methodical process of defining option that are provided?

Which response exits the activities which gave rise to risk?

Which business process deal with the core business & value chain?

Which of these is the degree of risk, on a broad-based level that an enterprise willing to accept in pursuit of its goals?

Purchase, Goods Receipt, Invoice Processing & Payment are four components of _______.

Which is not the example of configuration ?

Which response take actions to reduce likelihood or impact of risk ?

Which is the example of operational processes ?

What is considered by management at first in evaluating strategic alternatives ?

Which of these is the system consisting policies and procedure designed to provide management with reasonable assurance that goal & objectives of entity will be met ?

Which are set up first time during installation & these are changed whenever the business process rules or parameters are changed ?

Which response decide and consider other feasible steps to minimize risks ?

Which are back core processes & functions within an organization?

Which is not the benefit of enterprise risk management?

Which is not the objective of internal control?

Which is the process of obtaining & managing raw material needed for manufacturing a product or providing a service?

Which response transfers or shares a portion of the risk, to finance it?

Which is not an example of supportive processes ?