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Test your basic knowledge |
ERP: Enterprise Resource Planning
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Subject
:
it-skills
Instructions:
Answer 50 questions in 15 minutes.
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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. ____________________ categoriesKnowledge repositories (databases) - expertise tools - e-learning applications - discussion and chat technologies - search and data mining tools
Social networking analysis
Default
Hypertext
Knowledge management systems (KMS)
2. usiness intelligence - CRM - SCM - e-business
Organizational standardization
Online analytical processing (OLAP
Extended ERP components
Material master records
3. Where the purchasing tolerances - goods receipt tolerances - and invoice receipt tolerances all are passed.
3 way match
Process insurance expense
Monthly rent payment
Oracle
4. A meta-language for describing markup languages
XML (eXtensible Markup Language)
Instantaneously
XBRL (eXtensible Business Reporting System)
Business Analysis Applications
5. Supports the work of teams by facilitating the sharing and flow of information
Collaboration system
Messaging-based workflow system
Invoice receipt tolerances
Groupware
6. 2 or more organizations cooperate by integrating their IT systems - providing customers with the best of what each can offer
Core Applications
Valuation Grouping code
Business Analysis Applications
Information partnership
7. Supports team interactions
Dozen
Optimize business performance
Groupware
Structured collaboration
8. The Key _____________ issues: There are many high costs - maintenance requirements (upgrades and compatability) - extensive reorganization of the company
ERP PROCESS
SAP R/3
Taxonomy Creation
Document unique
9. A _____ is needed to monitor the quality - objectives - and timelines
Shadowing
Payment terms
Solid implementation plan
3 way match
10. 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
Payment terms
Core Applications
ERP PEOPLE
Proper business analysis
11. Validation of ________ - ensure that appropriate taxonomy and tags have been applied
Instance documents
Balanced scorecard
Structured collaboration
CRM
12. The purpose of __________: Audit Trail. Determines the type of document it is.
Flexible configuration
Monthly rent payment
Document numbers
Enterprise Resource System (ERP) Software
13. All the steps or business rules - from beginning to end - required for a business process
Process insurance expense
Posting periods
Workflow
Proper business analysis
14. Benefits of ERP: 1) ERPs employ proven best practices - 2) Enable _____________ 3) Improve information management including eliminating duplicative systems - providing on-line and real-time info - and facilitating intra- and inter-organizational comm
Balanced scorecard
Key Business Exposures
Organizational standardization
Company code level
15. Enterprise resource planning tool used to supply management with real time information. it also permits timely decisions that are needed to improve performance and achieve a competitive advantage
Process insurance expense
Automatic account assignments
Online analytical processing (OLAP
Information partnership
16. Sends work assignments through an e-mail system
Organizational standardization
Messaging-based workflow system
Core Applications
Instantaneously
17. Account and finance - production and materials management - human resource
Online analytical processing (OLAP
Core ERP components
Plant level
Taxonomy Creation
18. Includes support for multicountry - multicurrency environments and wide scalability
Messaging-based workflow system
SAP R/3
Phased-In Method of ERP Implementation
Database-based workflow system
19. The steps to completing the ___________ process: Agreement - invoice - payment.
Organizational standardization
Monthly rent payment
Groupware
Core competency
20. The purpose of the ________ for account postings: A tolerance group sets limits for end users (such as dollar limits on transactions)
Tolerance group
Material master records
Extended ERP components
Flexible configuration
21. ncorrect taxonomy results in invalid mapping that may cause material misrepresentation of financial data
Taxonomy Creation
Contracts
Company code level
Internal control issues
22. Approach for implementing ERP systems in a phased manner; a popular alternative to the Big Bang method
Knowledge management
Posting periods
Posting keys
Phased-In Method of ERP Implementation
23. Amount for item with or without order reference - Form small differences automatically - Percentage Over/Under - Quantity Variance - Exceed amount: quantity variance - Blanket purchase order - value and time limit Price variance
ERP TECHNOLOGY
Invoice receipt tolerances
Online transaction processing (OLTP)
Key Business Exposures
24. Enables organizations to clarify their vision and strategy and translate them into action
Balanced scorecard
Purchasing tolerances
Business Analysis Applications
Unstructured/information
25. 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
Business Analysis Applications
Key Business Exposures
Instance documents
CRM
26. 2 categories of collaboration systems: __________ - structured/process
ERP PROCESS
Tacit knowledge
Key Business Exposures
Unstructured/information
27. Document exchange - shared whiteboards - discussion forums - email
Monthly rent payment
Knowledge management
Default
Unstructured collaboration
28. Events consisting of large numbers of relatively simple transactions such as updating accounting records that are stored in several related tables
Core Applications
Quotation
Posting periods
Online transaction processing (OLTP)
29. An organization's key strength - the business function that it does better than any of its competitors
Social networking analysis
Valuation Grouping code
CMS marketplace
Core competency
30. Purchased by Oracle - Strength in HR management - Widely used in the federal government
Tacit knowledge
Tolerance group
Invoice receipt tolerances
Peoplesoft
31. Track logistics movement of goods.
Balanced scorecard
XML (eXtensible Markup Language)
Automatic account assignments
Invoice receipt tolerances
32. A system that integrates all departments and functions across an organization into a single computer system; helps facilitate communications among departments
CMS marketplace
Enterprise Resource System (ERP) Software
Valuation Grouping code
Dozen
33. The steps to completing the ___________: Vendor/Expense account exists - process invoice receipt - and then pay.
Tacit knowledge
CRM
Oracle
Procurement process
34. Includes what management systems: document MS - digital asset MS - web content MS
Company code level
Balanced scorecard
Information partnership
CMS marketplace
35. If a shared material is purchased by one "company" in dozens and purchased by another "company" in cases (equal to 10 dozen) - the ______ base unit of measure would be used on the Purchasing tab
Internal control issues
Enterprise Resource System (ERP) Software
Dozen
Default
36. Provides tools to manage the creation - storage - editing - and publication of information in a collaborative environment
Instantaneously
Extended ERP components
Collaboration system
Content management system
37. Components needed to process a ____________: Vendor - Rent Expense Account - Amount - Invoice - and agreement.
Monthly rent expense
Workflow management system
Document types
Automatic account assignments
38. The types of contracts: Quantity Contract - ___________
Document unique
Database-based workflow system
Quality Contract
Default
39. You have created a vendor master. This vendor be shared at ________
Company code level
Extended ERP components
Online transaction processing (OLTP)
ERP PROCESS
40. The global leader with 30 to 60% of the ERP market
Automatic account assignments
Default
Workflow
SAP (Systems - Applications - and Products)
41. 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
Big Bang Method of ERP implementation
Solid implementation plan
Posting keys
General ledger accounts
42. Companies who purchase modules from ERP - SCM and ___ vendors must integrate the different modules together
CRM
Tacit knowledge
Business Analysis Applications
Segregation of duties
43. ERP is different: 1)The system usually resides on multiple computers - 2) the system allows ______________ - customization - and maintenance 3) On-line and real-time processing (all databases are updated simultaneously and all stored together) 4) Dat
General ledger accounts
Tacit knowledge
Optimize business performance
Flexible configuration
44. Links to other documents on the Web and enables the reader to jump to another document located anywhere on the World Wide Web
Monthly rent expense
SAP R/3
Oracle
Hypertext
45. A process of mapping a group's contacts to identify who knows whom and who works with whom
Social networking analysis
Optimize business performance
Valuation Grouping code
Taxonomy Creation
46. 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.
Optimize business performance
Organizational standardization
General ledger accounts
Vendor master records
47. Manages the transportation and storage of goods
Balanced scorecard
Elogistics
SAP (Systems - Applications - and Products)
Hypertext
48. 1) Single point of failure since all data processing is within one application 2) Complexity makes it difficult to understand 3) User acceptance influences likelihood of success 4) extensive training for many users 5) Inexperience with implementation
Material master records
Key Business Exposures
Instance documents
Flexible configuration
49. Posting periods in FF
CMS marketplace
13
Extended ERP components
Document principles
50. Participation in business processes - such as workflow
Process insurance expense
Unstructured/information
Structured collaboration
Elogistics
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