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






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






3. 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






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






5. The primary reason for data warehousing is to _______________






6. The second largest ERP vendor






7. 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.






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






9. The types of contracts: Quantity Contract - ___________






10. 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






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






12. 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.






13. 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






14. 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






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






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






17. Supports team interactions






18. Posting periods in FF






19. Capturing - classifying - evaluating - retrieving - and sharing information assets that provides context for effective decisions and actions






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






21. You have created a __________. This materialwould be shared at each (smallest unit possible to be considered for a material)






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






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






24. An outline agreement






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






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






27. Best practices for transferring or recreating tacit knowledge: ___________ and joint problem solving






28. You have created a material master. This material be shared at _________






29. 2 or more organizations cooperate by integrating their IT systems - providing customers with the best of what each can offer






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






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






32. A document that tells us prices - materials - a specified time for a price - a formal agreement. (an informal agreement is an inquiry)






33. 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






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






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






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






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






38. Sends work assignments through an e-mail system






39. 4 perspectives a balanced scorecard views an organization from: learning and growth - ____________ - customer - financial






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






41. 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






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






43. Track logistics movement of goods.






44. 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






45. Price Variance. Maximum cash discount variance.






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






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






48. 3 characteristics of overall fit: off the rack - off the rack and tailored to fit - ______






49. 2 categories of collaboration systems: __________ - structured/process






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