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. usiness intelligence - CRM - SCM - e-business






2. Tells whether a transaction is a debit or credit and what G/L account is associated.






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






4. 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






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






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






7. 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






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






9. 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






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






11. 3 characteristics of overall fit: off the rack - off the rack and tailored to fit - ______






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






13. The key ________ issues: Employee resistance - retraining and reorientation - more data collection screens required - lack of qualified personnel - security - and employee retention






14. The primary reason for data warehousing is to _______________






15. The Advantages of XBRL: 1) business offers expanded financial info to all interest parties ___________ 2) companies using XBRP database technology can further speed the process of reports and 3) Consumers import XBRL documents into internal databases






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






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






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






19. 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.






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. 3 attributes of successful ERP components: overall fit - ___________ - solid implementation plans






22. Tell us who is responsible for the document and when it was created.






23. 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






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






25. Manages the transportation and storage of goods






26. Sends work assignments through an e-mail system






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






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






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






30. Posting periods in FF






31. 4 perspectives a balanced scorecard views an organization from: learning and growth - ____________ - customer - financial






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






33. The second largest ERP vendor






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






35. A meta-language for describing markup languages






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






37. The types of contracts: Quantity Contract - ___________






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






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






40. An outline agreement






41. Track logistics movement of goods.






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






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






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






45. 2 categories of collaboration systems: __________ - structured/process






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






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






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. 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






50. Supports team interactions