What Is Used to Create an Application That Is Helpful

question 13

Multiple Choice

What is used to create an application that is helpful in designing business process models and also helpful in simulating,optimizing,monitoring,and maintaining various processes that occur within an organization?

• A) Business process modeling
• B) Business process model
• C) Business process management tools
• D) Business process reengineering

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Definitions:

Double-Entry Accounting

An accounting method that records each transaction twice, once as a debit in one account and once as a credit in another, to ensure the books are always balanced.

Managerial Accounting

A type of accounting focused on providing financial information to managers within organizations to aid in decision-making and business strategy planning.

Cost Accounting

A method of accounting that focuses on calculating, recording, and analyzing all costs incurred by a business in producing goods or services.

Open-Book Accounting

A management approach where detailed financial information is shared with employees to help them understand the financial performance and make better decisions.