Test your basic knowledge |

ERP: Enterprise Resource Planning

Subject : it-skills
Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. 4 perspectives a balanced scorecard views an organization from: learning and growth - ____________ - customer - financial






2. The key _______ issued: 1) difficulty of migration from legacy systems to ERP database - 2) lack of interoperability among different vendors - 3)and continual maintenance requirements






3. Validation of ________ - ensure that appropriate taxonomy and tags have been applied






4. Where the purchasing tolerances - goods receipt tolerances - and invoice receipt tolerances all are passed.






5. Stores documents in a central location and automatically asks the team members to access the document when it is their turn to edit the document






6. Best practices for transferring or recreating tacit knowledge: ___________ and joint problem solving






7. Links to other documents on the Web and enables the reader to jump to another document located anywhere on the World Wide Web






8. The significance of each of each number: EX: 2/18 net 45 2% cash discount if paid within 18 days - and full payment due within 45 days.






9. Participation in business processes - such as workflow






10. 3 characteristics of overall fit: off the rack - off the rack and tailored to fit - ______






11. Enables organizations to clarify their vision and strategy and translate them into action






12. To share ________: One person creates the vendor number. - Everyone then recreates the vendor with the same number and their company code.






13. 2 or more organizations cooperate by integrating their IT systems - providing customers with the best of what each can offer






14. Three things make a _________: Document number. Fiscal Year. Company Code.






15. Anything that can be documented - archived - and codified - often with the help of IT






16. Includes what management systems: document MS - digital asset MS - web content MS






17. The steps to completing the ___________: Vendor/Expense account exists - process invoice receipt - and then pay.






18. he financial periods that are posted for reporting purposes - internal and external.






19. Applications that operationally support the day-to-day activities of the business - support mission-critical tasks through simple queries of operational databases. Include sales and distribution - business planning - production planning - shop floor






20. In ________ - D - R - K - and Z mean: D - Customer R - Invoice K - Vendor Z - Payment






21. The primary reason for data warehousing is to _______________






22. Database constructed for quick searching - retrieval - ad hoc queries - and ease of use






23. The steps to completing the ___________ process: Agreement - invoice - payment.






24. Capturing - classifying - evaluating - retrieving - and sharing information assets that provides context for effective decisions and actions






25. A process of mapping a group's contacts to identify who knows whom and who works with whom






26. You have created a material master. This material be shared at _________






27. Sends work assignments through an e-mail system






28. An outline agreement






29. Supports the work of teams by facilitating the sharing and flow of information






30. Account and finance - production and materials management - human resource






31. ____________________ categoriesKnowledge repositories (databases) - expertise tools - e-learning applications - discussion and chat technologies - search and data mining tools






32. Price Variance. Maximum cash discount variance.






33. Impact on auditor responsibility as a consequence of real-time distribution of financial statements






34. You have created a __________. This materialwould be shared at each (smallest unit possible to be considered for a material)






35. A meta-language for describing markup languages






36. Categories of intellectual and knowledge-based categories: explicit knowledge and _____________






37. 2 categories of collaboration systems: __________ - structured/process






38. Provides tools to manage the creation - storage - editing - and publication of information in a collaborative environment






39. Manages the transportation and storage of goods






40. Decision support tool for management critical tasks through analytical investigation of complex data associations - supplies management with real-time info - takes information and converts it to data to make useful






41. To share _________: One person creates the G/L Account. - Everyone then creates it with the same number - while adding their company code data to it.






42. The purpose of __________: Audit Trail. Determines the type of document it is.






43. Document exchange - shared whiteboards - discussion forums - email






44. An organization's key strength - the business function that it does better than any of its competitors






45. Attempt by organizations to switch operations from their old legacy systems to a new system in a single event that implements the ERP across the entire company; more ambitious and risk than phased-in method






46. For what reasons might a company refuse payment of an invoice from a vendor: It might be refused because the _____________ - the quantity of the shipment is too high or too low - could be a damaged good - a wrong good - or may have arrived before or






47. Purchased by Oracle - Strength in HR management - Widely used in the federal government






48. To share ____________: One person creates the material number - Everyone the recreates the material using the same number and add their plant information to it.






49. The purpose of the ________ for account postings: A tolerance group sets limits for end users (such as dollar limits on transactions)






50. Supports team interactions