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






2. usiness intelligence - CRM - SCM - e-business






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






4. A meta-language for describing markup languages






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






6. 2 or more organizations cooperate by integrating their IT systems - providing customers with the best of what each can offer






7. Supports team interactions






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






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






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






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






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






13. All the steps or business rules - from beginning to end - required for a business process






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






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






16. Sends work assignments through an e-mail system






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






18. Includes support for multicountry - multicurrency environments and wide scalability






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






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






21. ncorrect taxonomy results in invalid mapping that may cause material misrepresentation of financial data






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






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






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






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






26. 2 categories of collaboration systems: __________ - structured/process






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






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






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






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






31. Track logistics movement of goods.






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






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






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






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






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






37. Components needed to process a ____________: Vendor - Rent Expense Account - Amount - Invoice - and agreement.






38. The types of contracts: Quantity Contract - ___________






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






40. The global leader with 30 to 60% of the ERP market






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






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






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






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






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






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.






47. Manages the transportation and storage of goods






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






49. Posting periods in FF






50. Participation in business processes - such as workflow







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