A business model is typically a graphical depiction of the essential business process information.

TEST BANK FOR ACCOUNTING INFORMATION SYSTEMS 3RD EDITION VERNON RICHARDSON, CHENGYEE CHANG, ROD SMITH 1 TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false. 1) Accountants now face a challenge of helping businesses optimize processes. ⊚ true ⊚ false 2) Every diagram must contain at least two pools. ⊚ true ⊚ false 3) A business process does not contain activities. ⊚ true ⊚ false 4) A business model is typically a graphical depiction of the essential business process information. ⊚ true ⊚ false 5) Documentation can be thought of as a tool for information transmission and communication. ⊚ true ⊚ false 6) Documentation is not used to assess internal controls. ⊚ true ⊚ false Answer Key Test name: Chapter 2 1) TRUE 2) FALSE 3) FALSE 4) TRUE 5) TRUE