INMT MODULE EXAM 1 QUESTIONS
AND ANSWERS
Agents - ANSWER-The one performing the work. Human or machine. (Assembly
line, ATM, website)
Business event - ANSWER-The operating activities performed within a business
process to provide goods and services
Business event risk - ANSWER-Result in errors and irregularities having one or more
of the following characteristics: event occurring at wrong time, wrong agent, resource
or amount of resource.
Business process - ANSWER-Collection of related activities that combine different
resources and inputs to create an output that is of value to the organization, its
stakeholders and customers
Conversion process - ANSWER-Activities to convert raw materials into finished
products
Data repository - ANSWER-Collection of data such as a database used to generate
information output
Decision/management event - ANSWER-Activities where management and other
people make decisions about planning,controlling and evaluating business
processes
Decomposition - ANSWER-Separating into separate events
Duality - ANSWER-Two business events that include an increase and decrease of
resources
Economic event - ANSWER-Event that increases or decreases economic resources
Event - ANSWER-Single activity within a business process
Event trigger - ANSWER-Action that initiates the event
Extended enterprise business processes - ANSWER-Business process that span
organizational boundaries
External agent - ANSWER-Person that the company is interacting with (customer
bank etc)
For profit organization - ANSWER-Organization that strives to make a profit (take
legal form unicorporated or corporation)
AND ANSWERS
Agents - ANSWER-The one performing the work. Human or machine. (Assembly
line, ATM, website)
Business event - ANSWER-The operating activities performed within a business
process to provide goods and services
Business event risk - ANSWER-Result in errors and irregularities having one or more
of the following characteristics: event occurring at wrong time, wrong agent, resource
or amount of resource.
Business process - ANSWER-Collection of related activities that combine different
resources and inputs to create an output that is of value to the organization, its
stakeholders and customers
Conversion process - ANSWER-Activities to convert raw materials into finished
products
Data repository - ANSWER-Collection of data such as a database used to generate
information output
Decision/management event - ANSWER-Activities where management and other
people make decisions about planning,controlling and evaluating business
processes
Decomposition - ANSWER-Separating into separate events
Duality - ANSWER-Two business events that include an increase and decrease of
resources
Economic event - ANSWER-Event that increases or decreases economic resources
Event - ANSWER-Single activity within a business process
Event trigger - ANSWER-Action that initiates the event
Extended enterprise business processes - ANSWER-Business process that span
organizational boundaries
External agent - ANSWER-Person that the company is interacting with (customer
bank etc)
For profit organization - ANSWER-Organization that strives to make a profit (take
legal form unicorporated or corporation)
