Ans false response that is the task level the value

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Ans: False Response: that is the task level; the value system level focuses on the resource exchanges between the enterprise and its various external business partners. 16. A supply chain is made up of the value system level models of interconnected business partners. Ans: True 17. A value chain level REA model focuses on the resource flows between interconnected business processes and on the economic events that accomplish the resource flows. Ans: True 18. The term business process as used in practice always describes an entire transaction cycle. Ans: False Response: business process is a term widely used in practice to mean anything from a signle activity of producing a report to an entire transaction cycle. For this textbook business process describes an entire transaction cycle. 19. A business process level REA model focuses on one or more transaction cycles in an enterprise's value chain, expanding the representation to include various types of resources, events, agents, and relationships among them. Ans: True 20. A task level REA model provides a broad-level overview of the business-entrepreneur script. Ans: False Response: a task level REA model focuses on the individual steps involved in accomplishing events in an enterprise. Dunn/Cherrington/Hollander, Enterprise Information Systems: A Pattern Based Approach, 3e 3
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Chapter 2, Representation and Patterns: An Introduction to the REA Enterprise Ontology Multiple Choice Questions 21. For which of the following reasons should we build models when designing systems? A) To help us to visualize a system as it is. B) To help us to visualize a system as we want it to be. C) To better understand the system we are developing. D) To simplify a complex system because we can't comprehend it in its entirety. E) All of the above. Ans: E 22. A symbol is a 23. In database design, individual objects are referred to as 24. In database design, categories of objects are referred to as Dunn/Cherrington/Hollander, Enterprise Information Systems: A Pattern Based Approach, 3e 4
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Chapter 2, Representation and Patterns: An Introduction to the REA Enterprise Ontology
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