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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. Participation in business processes - such as workflow






2. How can tolerance groups be categorized: They can be either _________ or special. Users must be assigned to special.






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






4. 4 perspectives a balanced scorecard views an organization from: learning and growth - ____________ - customer - financial






5. The key concerns when dealing with ___________________ related to ERP roles: 1) the creation of unnecessary roles 2) the rule of least access should apply to permission assignments and 3) monitor role creation and permission-granting activities






6. An XML base language for standardizing methods for preparing - publishing - and exchanging financial information






7. An outline agreement






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






9. The two main ERP applications: Core Applications and ___________






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






11. 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.






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






13. 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






14. Sends work assignments through an e-mail system






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






16. 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






17. A meta-language for describing markup languages






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






19. Events consisting of large numbers of relatively simple transactions such as updating accounting records that are stored in several related tables






20. 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






21. A _____ is needed to monitor the quality - objectives - and timelines






22. 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






23. 2 categories of collaboration systems: __________ - structured/process






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






25. Posting periods in FF






26. 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






27. A system that integrates all departments and functions across an organization into a single computer system; helps facilitate communications among departments






28. Companies who purchase modules from ERP - SCM and ___ vendors must integrate the different modules together






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






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






31. 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






32. Manages the transportation and storage of goods






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






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






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






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






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






38. The types of contracts: Quantity Contract - ___________






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






40. The components to setup automatic account assignments: Chart of Accounts - Transaction key - _____________ - Modifier of Transaction Key - Valuation Class






41. You have created a vendor master. This vendor be shared at ________






42. Facilitates the automation and management of business processes and controls the movement of work through the business process






43. Track logistics movement of goods.






44. The Key _____________ issues: There are many high costs - maintenance requirements (upgrades and compatability) - extensive reorganization of the company






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






46. The primary reason for data warehousing is to _______________






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






48. Approach for implementing ERP systems in a phased manner; a popular alternative to the Big Bang method






49. 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






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







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