SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
Test your basic knowledge |
ERP: Enterprise Resource Planning
Start Test
Study First
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. The primary reason for data warehousing is to _______________
Optimize business performance
Peoplesoft
Hypertext
Unstructured/information
2. How can tolerance groups be categorized: They can be either _________ or special. Users must be assigned to special.
Default
Custom made
Online analytical processing (OLAP
Optimize business performance
3. You have created a __________. This materialwould be shared at each (smallest unit possible to be considered for a material)
Material master
CMS marketplace
Messaging-based workflow system
Posting periods
4. Categories of intellectual and knowledge-based categories: explicit knowledge and _____________
Tacit knowledge
Material master
Valuation Grouping code
ERP PROCESS
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
Optimize business performance
Dozen
Document numbers
Database-based workflow system
6. Provides tools to manage the creation - storage - editing - and publication of information in a collaborative environment
Material master
Posting periods
General ledger accounts
Content management system
7. A _____ is needed to monitor the quality - objectives - and timelines
Elogistics
Internal control issues
Solid implementation plan
Contracts
8. To share ____________: One person creates the material number - Everyone the recreates the material using the same number and add their plant information to it.
Quotation
Proper business analysis
Material master records
RFQ
9. Events consisting of large numbers of relatively simple transactions such as updating accounting records that are stored in several related tables
Audit scope and timeframe
Online transaction processing (OLTP)
Big Bang Method of ERP implementation
Workflow
10. 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.
RFQ
General ledger accounts
Internal business process
Business Analysis Applications
11. The steps to completing the ___________: Vendor/Expense account exists - process invoice receipt - and then pay.
General ledger accounts
Dozen
Procurement process
Organizational standardization
12. An outline agreement
Workflow management system
Contracts
Optimize business performance
Big Bang Method of ERP implementation
13. The second largest ERP vendor
Document principles
Valuation Grouping code
Oracle
Material master records
14. Companies who purchase modules from ERP - SCM and ___ vendors must integrate the different modules together
Knowledge management systems (KMS)
Payment terms
Plant level
CRM
15. Components needed to process a ____________: Vendor - Rent Expense Account - Amount - Invoice - and agreement.
ERP PROCESS
Monthly rent expense
Optimize business performance
Unstructured/information
16. Enables organizations to clarify their vision and strategy and translate them into action
Data warehouse
Balanced scorecard
ERP TECHNOLOGY
Social networking analysis
17. 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
Payment is too high or low
Key Business Exposures
Online transaction processing (OLTP)
Vendor master records
18. 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
Document principles
Business Analysis Applications
SAP (Systems - Applications - and Products)
Quality Contract
19. Posting periods in FF
Instantaneously
Tolerance group
13
Solid implementation plan
20. The two main ERP applications: Core Applications and ___________
Purchasing tolerances
Business Analysis Applications
3 way match
Custom made
21. Links to other documents on the Web and enables the reader to jump to another document located anywhere on the World Wide Web
SAP (Systems - Applications - and Products)
Posting keys
Hypertext
Automatic account assignments
22. The key ________ issues: Employee resistance - retraining and reorientation - more data collection screens required - lack of qualified personnel - security - and employee retention
Segregation of duties
ERP PEOPLE
Monthly rent payment
Organizational standardization
23. Includes what management systems: document MS - digital asset MS - web content MS
CMS marketplace
Information partnership
Knowledge management
Content management system
24. The Key _____________ issues: There are many high costs - maintenance requirements (upgrades and compatability) - extensive reorganization of the company
Internal control issues
Invoice receipt tolerances
Data warehouse
ERP PROCESS
25. Supports the work of teams by facilitating the sharing and flow of information
Extended ERP components
Payment terms
Vendor master records
Collaboration system
26. A system that integrates all departments and functions across an organization into a single computer system; helps facilitate communications among departments
Internal control issues
Elogistics
Solid implementation plan
Enterprise Resource System (ERP) Software
27. What components are needed to ____________: A vendor - an insurance expense account - amount of payment.
Process insurance expense
Material master records
Oracle
Content management system
28. 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
Shadowing
3 way match
Dozen
XML (eXtensible Markup Language)
29. Validation of ________ - ensure that appropriate taxonomy and tags have been applied
Automatic account assignments
Company code level
Monthly rent expense
Instance documents
30. You have created a vendor master. This vendor be shared at ________
Segregation of duties
SAP R/3
Company code level
Social networking analysis
31. Price Variance. Maximum cash discount variance.
SAP R/3
Social networking analysis
Purchasing tolerances
Core Applications
32. Supports team interactions
Groupware
ERP PROCESS
Shadowing
Organizational standardization
33. ncorrect taxonomy results in invalid mapping that may cause material misrepresentation of financial data
13
Internal control issues
Taxonomy Creation
Instance documents
34. Track logistics movement of goods.
Automatic account assignments
Internal control issues
Quality Contract
Optimize business performance
35. Impact on auditor responsibility as a consequence of real-time distribution of financial statements
Contracts
Audit scope and timeframe
Process insurance expense
SAP (Systems - Applications - and Products)
36. 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
Contracts
ERP TECHNOLOGY
Document numbers
Document types
37. 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
13
RFQ
Big Bang Method of ERP implementation
Organizational standardization
38. Best practices for transferring or recreating tacit knowledge: ___________ and joint problem solving
Knowledge management systems (KMS)
Procurement process
Shadowing
Vendor master records
39. The purpose of __________: Audit Trail. Determines the type of document it is.
Enterprise Resource System (ERP) Software
Social networking analysis
Dozen
Document numbers
40. 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
Organizational standardization
13
Workflow management system
Key Business Exposures
41. 4 perspectives a balanced scorecard views an organization from: learning and growth - ____________ - customer - financial
Knowledge management
Payment is too high or low
Internal business process
Unstructured collaboration
42. Tell us who is responsible for the document and when it was created.
Valuation Grouping code
Document principles
Plant level
Data warehouse
43. In ________ - D - R - K - and Z mean: D - Customer R - Invoice K - Vendor Z - Payment
Document types
Unstructured/information
Enterprise Resource System (ERP) Software
Quality Contract
44. An organization's key strength - the business function that it does better than any of its competitors
Knowledge management
ERP PEOPLE
Core competency
Phased-In Method of ERP Implementation
45. usiness intelligence - CRM - SCM - e-business
Internal control issues
Document unique
Extended ERP components
Payment is too high or low
46. he financial periods that are posted for reporting purposes - internal and external.
Posting periods
Unstructured collaboration
Knowledge management
Key Business Exposures
47. Request for quotation
Peoplesoft
Workflow management system
RFQ
Procurement process
48. Manages the transportation and storage of goods
Company code level
Organizational standardization
Elogistics
Segregation of duties
49. 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
Database-based workflow system
Document unique
Internal control issues
Workflow
50. Document exchange - shared whiteboards - discussion forums - email
Valuation Grouping code
Unstructured collaboration
Document unique
Payment terms