Which of the Following Is Not a Tool Provided by Business

question 40

Multiple Choice

Which of the following is not a tool provided by Business Process Management software?

• A)tools that help businesses identify and document processes requiring improvement
• B)create models of improved processes
• C)capture and enforce business rules for performing processes
• D)capture and identify information system requirements for a new system
• E)integrate existing systems to support new or redesigned processes

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Definitions:

Direct Labor Price Variance

The difference between the actual cost of direct labor and the expected (or standard) cost, based on the actual hours worked.

Standard Rate

A predetermined cost for materials, labor, and overhead set for computing variances and budgeting purposes.

Direct Labor Hours

The total hours worked by employees directly involved in manufacturing a product or delivering a service.

Materials Price Variance

The difference between the actual cost of materials and the expected (standard) cost, used to evaluate budgeting efficiency.