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






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






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






4. 2 or more organizations cooperate by integrating their IT systems - providing customers with the best of what each can offer






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






6. 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






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






8. A meta-language for describing markup languages






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






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






11. Price Variance. Maximum cash discount variance.






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






13. 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






14. Manages the transportation and storage of goods






15. To share ____________: One person creates the material number - Everyone the recreates the material using the same number and add their plant information to it.






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






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






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






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






20. 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






21. The types of contracts: Quantity Contract - ___________






22. 4 perspectives a balanced scorecard views an organization from: learning and growth - ____________ - customer - financial






23. Posting periods in FF






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






25. 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






26. 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






27. 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






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






29. 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.






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






31. The key _______ issued: 1) difficulty of migration from legacy systems to ERP database - 2) lack of interoperability among different vendors - 3)and continual maintenance requirements






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






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






34. 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






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






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






37. An outline agreement






38. In ________ - D - R - K - and Z mean: D - Customer R - Invoice K - Vendor Z - Payment






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






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






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






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






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






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






45. Sends work assignments through an e-mail system






46. The second largest ERP vendor






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






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






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






50. 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







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