Identify the classes and associations in the following
narrative, and draw a class diagram with multiplicities.
Complete the following problems.
Chapter 1: Problems 1, 2, 3 and 4
Chapter 2: Problems 1 and 2
Chapter 3: Problems 1 and 2
CHAPTER 1
A recent article suggests:
A monumental change is emerging in accounting: the movement
away from the decades-old method of periodic financial statement
reporting and its lengthy closing process, and toward issuing
financial statements on a real-time, updated basis . . . real-time
financial reporting provides financial information on a daily
basis. Current technology allows for financial events to be
identified, measured, recorded, and reported electronically, with
no paper documentation. Would a shift toward real-time financial
statements make the financial information more useful or less
useful? More or less relevant? More or less reliable?
2. Consider the following bar chart of how accounting
professionals’ activities have changed over time. Comment on how
information technology affects the role of accountants. In what
respect is this a positive trend or a negative trend? What will
this bar chart look like in 2020?
In 2002, John Deere’s $4 billion commercial and consumer
equipment division implemented supply chain management software and
reduced its inventory by $500 million. As sales continued to grow,
the company has been able to keep its inventory growth flat. How
did the supply chain management software implementation allow John
Deere to reduce inventory on hand? How did this allow the company
to save money? Which income statement accounts (e.g., revenue, cost
of goods sold, SG&A expenses, interest expense, etc.) would
this affect?
Dell Computer used customer relationship management software called IdeaStorm to collect customer feedback. This customer feedback led the company to build select consumer notebooks and desktops pre-installed with the Linux platform. Dell also decided to continue offering Windows 8 as a pre-installed operating system option in response to customer requests. Where does this fit in the value chain? How will this help dell create value?
(THIS CHART IS FOR QUESTION 2 HIGHLIGHTED)
Chapter 2
Identify the start and end events and the activities in the
following narrative, and then draw the business process model using
BPMN:
The Starbucks customer entered the drive-through lane and
stopped to review the menu. He then ordered a Venti coffee of the
day and a blueberry muffin from the barista. The barista recorded
the order in the cash register. While the customer drove to the
window, the barista filled a Venti cup with coffee, put a lid on
it, and retrieved the muffin from the pastry case and placed it in
a bag. The barista handed the bag with the muffin and the hot
coffee to the customer. The customer has an option to pay with
cash, credit card, or Starbucks gift card. The customer paid with a
gift card. The barista recorded the payment and returned the card
along with the receipt to the customer.
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