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






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






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






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






5. Track logistics movement of goods.






6. Price Variance. Maximum cash discount variance.






7. 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






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






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






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






11. 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






12. 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






13. 4 perspectives a balanced scorecard views an organization from: learning and growth - ____________ - customer - financial






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






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






16. An outline agreement






17. 2 or more organizations cooperate by integrating their IT systems - providing customers with the best of what each can offer






18. Sends work assignments through an e-mail system






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






20. 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.






21. 3 characteristics of overall fit: off the rack - off the rack and tailored to fit - ______






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






23. 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.






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






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






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






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






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






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






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






31. 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






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






33. Manages the transportation and storage of goods






34. Supports team interactions






35. Events consisting of large numbers of relatively simple transactions such as updating accounting records that are stored in several related tables






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






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






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






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






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






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






42. The types of contracts: Quantity Contract - ___________






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






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






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






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






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






48. Components needed to process a ____________: Vendor - Rent Expense Account - Amount - Invoice - and agreement.






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






50. The second largest ERP vendor