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Test your basic knowledge |
ERP: Enterprise Resource Planning
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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. Participation in business processes - such as workflow
Key Business Exposures
Material master
Structured collaboration
Posting periods
2. How can tolerance groups be categorized: They can be either _________ or special. Users must be assigned to special.
Internal business process
Default
RFQ
Flexible configuration
3. Includes what management systems: document MS - digital asset MS - web content MS
CMS marketplace
Custom made
Dozen
Plant level
4. 4 perspectives a balanced scorecard views an organization from: learning and growth - ____________ - customer - financial
Unstructured/information
Messaging-based workflow system
Internal business process
Unstructured collaboration
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
Internal control issues
Company code level
SAP R/3
Audit scope and timeframe
6. An XML base language for standardizing methods for preparing - publishing - and exchanging financial information
Process insurance expense
Taxonomy Creation
XBRL (eXtensible Business Reporting System)
Online analytical processing (OLAP
7. An outline agreement
Key Business Exposures
Social networking analysis
Contracts
Valuation Grouping code
8. Supports the work of teams by facilitating the sharing and flow of information
Collaboration system
Optimize business performance
Balanced scorecard
Document numbers
9. The two main ERP applications: Core Applications and ___________
Unstructured/information
Hypertext
Core competency
Business Analysis Applications
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.
Knowledge management systems (KMS)
Vendor master records
Material master records
Document unique
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.
Core competency
Tacit knowledge
Knowledge management
General ledger accounts
12. Database constructed for quick searching - retrieval - ad hoc queries - and ease of use
Internal business process
Data warehouse
Unstructured collaboration
Quality Contract
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
Core competency
Knowledge management
Business Analysis Applications
Flexible configuration
14. Sends work assignments through an e-mail system
Plant level
3 way match
Messaging-based workflow system
Peoplesoft
15. Categories of intellectual and knowledge-based categories: explicit knowledge and _____________
Quality Contract
Monthly rent payment
Phased-In Method of ERP Implementation
Tacit knowledge
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
Dozen
Extended ERP components
Business Analysis Applications
Invoice receipt tolerances
17. A meta-language for describing markup languages
Material master
Quality Contract
Audit scope and timeframe
XML (eXtensible Markup Language)
18. Enables organizations to clarify their vision and strategy and translate them into action
SAP (Systems - Applications - and Products)
Balanced scorecard
CMS marketplace
ERP TECHNOLOGY
19. Events consisting of large numbers of relatively simple transactions such as updating accounting records that are stored in several related tables
Online transaction processing (OLTP)
Core competency
Document principles
Key Business Exposures
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
Elogistics
Key Business Exposures
Document types
ERP PROCESS
21. A _____ is needed to monitor the quality - objectives - and timelines
Content management system
Procurement process
13
Solid implementation plan
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
Proper business analysis
Database-based workflow system
Content management system
Hypertext
23. 2 categories of collaboration systems: __________ - structured/process
Unstructured/information
Core competency
Procurement process
Posting periods
24. The steps to completing the ___________ process: Agreement - invoice - payment.
Core ERP components
Monthly rent payment
ERP PROCESS
Organizational standardization
25. Posting periods in FF
13
Online analytical processing (OLAP
Segregation of duties
Quality Contract
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
Big Bang Method of ERP implementation
Monthly rent expense
Tolerance group
Company code level
27. A system that integrates all departments and functions across an organization into a single computer system; helps facilitate communications among departments
Material master
SAP (Systems - Applications - and Products)
Enterprise Resource System (ERP) Software
CRM
28. Companies who purchase modules from ERP - SCM and ___ vendors must integrate the different modules together
Document principles
Content management system
Document numbers
CRM
29. ____________________ categoriesKnowledge repositories (databases) - expertise tools - e-learning applications - discussion and chat technologies - search and data mining tools
Knowledge management systems (KMS)
Tacit knowledge
RFQ
Default
30. Provides tools to manage the creation - storage - editing - and publication of information in a collaborative environment
Content management system
Process insurance expense
Document numbers
Social networking analysis
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
Hypertext
Elogistics
Invoice receipt tolerances
Quality Contract
32. Manages the transportation and storage of goods
Posting keys
Elogistics
CMS marketplace
Optimize business performance
33. Impact on auditor responsibility as a consequence of real-time distribution of financial statements
Monthly rent payment
Audit scope and timeframe
Contracts
CRM
34. In ________ - D - R - K - and Z mean: D - Customer R - Invoice K - Vendor Z - Payment
Material master
Core Applications
Document types
CMS marketplace
35. The steps to completing the ___________: Vendor/Expense account exists - process invoice receipt - and then pay.
SAP (Systems - Applications - and Products)
Hypertext
Plant level
Procurement process
36. Account and finance - production and materials management - human resource
Internal business process
Document principles
Core ERP components
CRM
37. Anything that can be documented - archived - and codified - often with the help of IT
Taxonomy Creation
Optimize business performance
Tacit knowledge
Explicit knowledge
38. The types of contracts: Quantity Contract - ___________
Quality Contract
Default
Invoice receipt tolerances
Posting keys
39. A process of mapping a group's contacts to identify who knows whom and who works with whom
Procurement process
Social networking analysis
Structured collaboration
Document numbers
40. The components to setup automatic account assignments: Chart of Accounts - Transaction key - _____________ - Modifier of Transaction Key - Valuation Class
Tacit knowledge
Unstructured/information
Solid implementation plan
Valuation Grouping code
41. You have created a vendor master. This vendor be shared at ________
Structured collaboration
Process insurance expense
ERP TECHNOLOGY
Company code level
42. Facilitates the automation and management of business processes and controls the movement of work through the business process
Default
Document types
Business Analysis Applications
Workflow management system
43. Track logistics movement of goods.
Automatic account assignments
Unstructured collaboration
Unstructured/information
Structured collaboration
44. The Key _____________ issues: There are many high costs - maintenance requirements (upgrades and compatability) - extensive reorganization of the company
Workflow
Online transaction processing (OLTP)
Database-based workflow system
ERP PROCESS
45. Validation of ________ - ensure that appropriate taxonomy and tags have been applied
Content management system
Instance documents
Monthly rent payment
Peoplesoft
46. The primary reason for data warehousing is to _______________
Default
Invoice receipt tolerances
Optimize business performance
Structured collaboration
47. Three things make a _________: Document number. Fiscal Year. Company Code.
Enterprise Resource System (ERP) Software
CRM
SAP (Systems - Applications - and Products)
Document unique
48. Approach for implementing ERP systems in a phased manner; a popular alternative to the Big Bang method
Default
Oracle
Proper business analysis
Phased-In Method of ERP Implementation
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
Quality Contract
Organizational standardization
CRM
Oracle
50. Links to other documents on the Web and enables the reader to jump to another document located anywhere on the World Wide Web
Workflow
CRM
Hypertext
Unstructured collaboration
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