Chapter 6 Key Terms

Question	Answer
Accounts Payable	Amounts owed to suppliers for goods and services received. In data modeling contexts, the accounts payable are calculated based on receipts from each supplier less the corresponding payments to those suppliers.
Agents	People or organizations, like customers or salespeople, who participate in business events.
Cash	The organization's money in the bank or related accounts. Considered a resource.
Cash Disbursements	Record payments of cash to external agents and the corresponding reduction in cash accounts. This is an event.
Choreography	Science of examining raw data, removing the excess noise from the dataset, and organizing it to draw conclusions for decision making.
Collaboration	A BPMN model showing two participant pools and the interactions between them within a process.
Events	(UML) Classes that model the organization’s transactions, usually affecting the organization’s resources, such as sales and cash receipts; (BPMN) important occurrences that affect the flow of activities in a business process, including start, intermediate, and end events.
Gateway	Shows process branching and merging as the result of decisions. Basic gateways are depicted as diamonds. Typically gateways appear as pairs on a diagram. The first gateway shows branching, and the second shows merging of the process branches.
Intermediate Event	Happens between start and end events and affects the flow of the process.
Intermediate Timer Event	Intermediate events that indicate a delay in the normal process flow until a fixed amount of time has elapsed.
Many-To-Many Relationship	Exists when instances of one class (e.g., sales) are related to many instances of another class (e.g., inventory) and vice versa. These relationships are implemented in Access and relational databases by adding a linking table to convert the many-to-many relationship into two one-to-many relationships.
Ont-To-One Relationship	Exists when instances of one class (e.g., sales) are related to only one instance of another class (e.g., cash receipts) and each instance of the other class is related to only one instance of the original class.
Orchestration	in BPMN, the sequence of activities within a pool.
Product	A class representing the organization's goods held for sale (inventory). Considered a resource.
Purchase Discount	An offer from the supplier to reduce the cost of a purchase if payment is made according to specified terms, usually within a specified time.
Purchase Order	A commitment event that precedes the economic purchase event. It records formal offers to suppliers to pay them if the supplier complies with the terms of the purchase order.
Purchases	Records the receipt of goods or services from a supplier and the corresponding obligation to pay the supplier. Considered events.
REA	Resource-event-agent framework for modeling business processes, originally developed by William McCarthy.
Receipt	Same as the purchase event.
Resources	Things that have economic value to a firm, like cash and products.
Subprocess	Represent a series of process steps that are hidden from view in BPMN. The use of subprocesses in modeling reduces complexity.
Suppliers	In the UML diagram of the purchases and payments process, the external agents whom goods and services are purchased and to whom payments are then made.
Timer Events	Indication of delay in the flow of a process to a specific daye, an elapsed time, or a relative repetitive date. (Ex. 30 days, every Friday).
Type Image	Class that represents management information to help manage a business process. Type image often allows process information to be summarized by category.

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	Created by Tayler Shellhase over 1 year ago