Question: 1.) True or False: A Process Narrative can often get in the way of a more simplistic process map. 2.) JK corp is a Grand

1.)

True or False: A Process Narrative can often get in the way of a more simplistic process map.

2.)

JK corp is a Grand Rapids based Construction and Development company that also manufactures construction equipment such as bulldosers, shovels, and concrete machines. Name one example of the following process that JK corporation engages in to make achieve their business objectives:

a) Operating Process

b) Management Process

c) Project

3.)

True or False: Outsourced business processes must still be considered in risk assessment.

4.)

At the end of the month, Andre downloads the timesheets of employees within JK corp's construction group. He utilizes the payroll system to allocate the appropriate horuly pay rate to each employee and calculates the wages owed to employees for that month. He then sends this calculation to his manager who must review and sign the report. Next, he records the Debit to Wages Expense and Credit to Wages Payable in the accounting system. He attaches the signed payroll report to the journal entry documentation. Finally he determines the pay date for these wages and submits each amount to the bank for automatic deposit into employees accounts.

This scenario is an example of a/an:

Operating Process

Management and Support Process

Project

Secondary Process

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