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Part One –

Question 1:

The above mentioned case study of business bag zone and vitality of digital solutions which can
potentially add solutions will be discussed as follows:

Salma founded Bag Zone with the intention of providing high-quality handbags. Unique styles
and imaginative ideas are the company's USPs (unique selling propositions). The firm is
developing well and has developed a name in the sector over the previous five years;
nonetheless, there is a special requirement for an effective IT system that can manage all end-to-
end transactional business services and provide a constructive solution for the same.
(Richardson-Chang-Smith, n.d.)

(enterprise resource planning) ERP :

Consider all of the key components that drive a business, such as finance, production, HR,
supply chain, procurement, and so on, to establish an ERP system. It's a software solution that
helps your company with finance, production, supply chain, and procurement procedures, among
other things. It is a user-friendly and well-integrated system that contains, among other things,
processing operations including bill of materials, rights control, invoice generation, purchase
order, request for quotation, and material difficulties. (Smith, n.d.)

• Display the current account balance.

• Keep track of various trash types.

• Use a product master tailored to each department's product categories to keep track of
transactions.

• Provides details on project scoping suggestions.

• Summarize daily report presentations, which may include, among other things, client billing,
invoice collection, lot sizes, planning & budgeting, payroll personnel details, and compliance
issues.

• Discussions with management about production and inventory concepts

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(Smith, n.d.)
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• Expenses payable (Basic costing, budgeting, reconciliation)

• Earnings (Quotation, Invoicing, sales forecast, pipelines, delivery returns)

• Warehousing is a phrase used to describe the process of storing commodities (Stock transfer,
order quantity, packing, delivery)

• Managing customer relationships (Opportunities, pipelines, contacts, warranty service requests)

• Purchase anything (Quotations, payments, credit purchase, delivery, demand forecasting)

• Production of goods (Bill of materials, Production of orders, forecasting MRP)

• Operations of the business (Reporting, Analytics, workflow data)

As a result, we'll look at how an ERP system can help a process's organisational structure
manage the methods for determining the most effective step across all functional domains.
(Smith, n.d.)

Question 2:

Business process documentation refers to any documents that support a process, such as policies,
forms, checklists, and other documents that define how to carry out a certain process.
Documenting organizational procedures has a number of advantages, including the following:

1. It makes it simple to develop similar procedures.

2. As well as to improve the current process

3. Is crucial in the event of a liquidation, acquisition, or merger.

4. In the absence of a Key Managerial person, the company's major operations will not be halted.

5. There would be increased operational efficiency because the work would not be stopped as
previously stated.

6. Client agreements frequently include documents as part of the engagement.

7. It demonstrates compliance with regulatory obligations at times.

8. It serves as audit evidence, allowing the auditor to verify the existence and continued
operation of internal controls.
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9. Improved inventory and working capital management

10. Training of personnel.

Examples of Business Process Documentation are :

o Process of Recruitment and education of personnel achieved via way of means of the HR
Team
o Documentation of Quotations, Purchase Order, Delivery Challan, GRN, Invoice at
numerous tiers of stock control

The primary goal of documenting corporate processes is to increase overall productivity and
efficiency. This is performed by simplifying and properly documenting basic company activities.
This document process can be integrated with a knowledge management system to provide staff
with insights into processes so that they can modify and improve their daily operations. This is
also critical in ensuring that staff have sufficient knowledge of their tasks and responsibilities. As
a centralized database, the primary function of AIS inside the enterprise is to streamline
information between users and systems within the organization's network. This data
reorganization is beneficial in a variety of ways. (Smith, n.d.)

1. Business Process Modeling is the third question. Process maps and notation activity diagrams
are basically similar. FALSE

2. BPMN start events are represented by ovals, while flowchart start events are represented by
circles. TRUE

3. UML class diagrams depict a database system's logical structure. Associations are represented
by dashed lines in Unified modelling language class diagrams. Primary keys in UML cannot be
null. TRUE

4. A generalisation relationship is a type of aggregation relationship. TRUE

5. In activity models, business rules define branching criteria. TRUE

6. Accountants must understand how a company provides value to its people in order to be
valuable business partners. TRUE

7. the most important monetary benefit of a customer connection The cost of items sold is
reduced as a result of management methods. The cost of support processes, which are included in
sales, general, and administrative expenses, can be greatly reduced with an efficient enterprise
system. TRUE
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8. Documentation is beneficial to training, but it is not sufficient. TRUE

9. Documents reduced to writings are utilised as a medium for transmitting and communicating
information. TRUE

Modeling Business Processes is number ten. Flow is often shown in notation activity models
from right to left and top to bottom. TRUE

Part 2 – Question 1:

According to Wikipedia, "an accounting information system (AIS) is a system that collects,
records, stores, and processes data in order to provide information for decision makers."

An AIS could be as simple as a paper-and-pencil manual system, as complex as a system based

on cutting-edge computers and information technology, or somewhere in between. Regardless of
which technique is utilised, the process is the same. The AIS and those who use it must continue
to gather, enter, process, store, and report data and information. Paper and pencil, or computer
gear and software, are all that is required to create the data. (Smith, unknown year)

All accounting records are stored in the accounting information system (AIS), which is the
company's central repository. This is usually the accounting software that a company uses in
today's environment. In many firms, this is referred to as ERP software, or Enterprise Resource
Planning software. ERP includes accounting, purchasing, inventory control, HR, management
reporting, materials requirement planning, Bills of Materials (BOM), and other services. The
phrases AIS and ERP may be used interchangeably. Accounting information systems are used to
keep track of transactions and produce reports. Aside from that, the AIS's primary role is to
ensure the integrity of the accounting function. Accounting papers and, as a result, firm assets
will be protected by a good AIS. Security measures will be in place in an appropriate AIS to
ensure that only authorised individuals have access to the areas they need.

The AIS will also be used to offer information to people who need it in order to do their jobs.
This sort of reporting includes, for example, internal management reports, external financial
reporting for stakeholders, and tax reporting to government agencies. The AIS will be useful to
the company if the above objectives are satisfied. If people don't trust the records' integrity,
there's no point in having them. (Richardson-Chang-Smith, n.d.)

The financial performance of any financial organisation is a fundamental determinant of its

success. Many AIS have been implemented and used to ensure the efficiency of AIS on financial
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performance. Currently, most businesses are expanding their budgets and spending on
information systems.

Question 2:

Question 3:
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Class diagrams are the third question. It's a type of UML diagram that is organised using UML
notations. In many aspects, they resemble entity-relationship diagrams. It acts as a logical
structure definition for the database system. (Smith, n.d.)

Associations show how classes relate to one another. It enables you to switch between instances
of one class and others. Lines indicate these linkages, which connect two classes entirely through
these lines.

In the case, Person P has a little frozen yoghurt shop. The providers give her frozen yoghurt mix,
as well as plastic cups and cones from several vendors. She keeps track of how many cones and
yoghurt cups she sells, but she doesn't keep track of how many cups she sells. A purchase, in
general, results in the development of an inventory, hence a cones and yoghurt inventory is
created. She does, however, think about the purchase.

The essential connections are depicted in the image below –

Between purchase and suppliers, there is a one-to-many link. This means that a single supplier
can fulfil many purchase orders.

Part 1 – Right Answer (b) - 3

Part 2 – Right Answer (a) - Inventory, Purchases, Suppliers

Part 3 – Right Answer (d) Min1, Max*

Part 4 – Right Answer (a) Min 0, Max 1

Part 5 – Right Answer (c) Min 1, Max 1

Part 6 – Right Answer (b) Min 1, Max 1

Part 7 – Right Answer (b) Min 0, Max*

Part 8 – Right Answer (e) None of the given options is a correct referring to the diagram
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References
Richardson-Chang-Smith, n.d. Accounting & Information system Chapter14. 2nd ed. s.l.:s.n.

Richardson-Chang-Smith, n.d. Accounting & Infromation System Chapter 1. 2nd ed. s.l.:s.n.

Smith, R. -. C. -., n.d. Accounting & Information System Chapter 3. 2nd ed. s.l.:s.n.

Smith, R. -. C. -., n.d. Accounting & Information systems Chapter 2. 2nd ed. s.l.:s.n.

Smith, R. -. C. -., n.d. Accounting & Informations systems Chapter 12. 2nd ed. s.l.:s.n.

Smith, R. -. C. -., n.d. Accounting & Infromation system Chapter 4. 2nd ed. s.l.:s.n.