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






2. Track logistics movement of goods.






3. Posting periods in FF






4. Supports team interactions






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






6. 3 attributes of successful ERP components: overall fit - ___________ - solid implementation plans






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






8. 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






9. 2 or more organizations cooperate by integrating their IT systems - providing customers with the best of what each can offer






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






11. 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






12. 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






13. Sends work assignments through an e-mail system






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






15. 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






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






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






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






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






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






21. Database constructed for quick searching - retrieval - ad hoc queries - and ease of use






22. The components to setup automatic account assignments: Chart of Accounts - Transaction key - _____________ - Modifier of Transaction Key - Valuation Class






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






24. Participation in business processes - such as workflow






25. 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






26. 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






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






28. The primary reason for data warehousing is to _______________






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






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






31. The types of contracts: Quantity Contract - ___________






32. 2 categories of collaboration systems: __________ - structured/process






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






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






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






36. 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.






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






38. Price Variance. Maximum cash discount variance.






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






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






41. A meta-language for describing markup languages






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






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






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






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






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






47. An outline agreement






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






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






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