SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
Test your basic knowledge |
ERP: Enterprise Resource Planning
Start Test
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. Tell us who is responsible for the document and when it was created.
Shadowing
Document principles
Explicit knowledge
Workflow
2. 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
XBRL (eXtensible Business Reporting System)
Enterprise Resource System (ERP) Software
Core Applications
Phased-In Method of ERP Implementation
3. 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
Instantaneously
Quotation
ERP TECHNOLOGY
Structured collaboration
4. Links to other documents on the Web and enables the reader to jump to another document located anywhere on the World Wide Web
Posting periods
Plant level
Hypertext
Collaboration system
5. Sends work assignments through an e-mail system
Hypertext
Database-based workflow system
Messaging-based workflow system
Purchasing tolerances
6. A meta-language for describing markup languages
Oracle
Tolerance group
XML (eXtensible Markup Language)
Payment is too high or low
7. Account and finance - production and materials management - human resource
Vendor master records
Peoplesoft
Core ERP components
Hypertext
8. A process of mapping a group's contacts to identify who knows whom and who works with whom
Phased-In Method of ERP Implementation
Company code level
ERP PROCESS
Social networking analysis
9. You have created a vendor master. This vendor be shared at ________
Segregation of duties
Company code level
Tolerance group
Material master
10. An outline agreement
Business Analysis Applications
Unstructured/information
Contracts
SAP R/3
11. 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
Key Business Exposures
Audit scope and timeframe
Posting keys
Social networking analysis
12. Supports the work of teams by facilitating the sharing and flow of information
General ledger accounts
Purchasing tolerances
Core competency
Collaboration system
13. Track logistics movement of goods.
Core Applications
Instantaneously
CMS marketplace
Automatic account assignments
14. 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
Instantaneously
Procurement process
Material master
Taxonomy Creation
15. A system that integrates all departments and functions across an organization into a single computer system; helps facilitate communications among departments
Document types
Posting periods
Tacit knowledge
Enterprise Resource System (ERP) Software
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
Database-based workflow system
Business Analysis Applications
Core competency
Balanced scorecard
17. 3 characteristics of overall fit: off the rack - off the rack and tailored to fit - ______
Vendor master records
CRM
Unstructured collaboration
Custom made
18. 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
3 way match
Database-based workflow system
Workflow management system
Dozen
19. How can tolerance groups be categorized: They can be either _________ or special. Users must be assigned to special.
Default
Elogistics
Structured collaboration
Social networking analysis
20. Document exchange - shared whiteboards - discussion forums - email
Database-based workflow system
Instance documents
Tolerance group
Unstructured collaboration
21. Manages the transportation and storage of goods
Elogistics
Groupware
Process insurance expense
Company code level
22. 2 or more organizations cooperate by integrating their IT systems - providing customers with the best of what each can offer
Big Bang Method of ERP implementation
Monthly rent payment
Database-based workflow system
Information partnership
23. The components to setup automatic account assignments: Chart of Accounts - Transaction key - _____________ - Modifier of Transaction Key - Valuation Class
Online transaction processing (OLTP)
RFQ
Valuation Grouping code
Content management system
24. Tells whether a transaction is a debit or credit and what G/L account is associated.
Procurement process
RFQ
Posting keys
Monthly rent expense
25. In ________ - D - R - K - and Z mean: D - Customer R - Invoice K - Vendor Z - Payment
Content management system
Document types
3 way match
General ledger accounts
26. Three things make a _________: Document number. Fiscal Year. Company Code.
Document unique
Unstructured collaboration
Shadowing
Enterprise Resource System (ERP) Software
27. Request for quotation
RFQ
General ledger accounts
Material master records
Phased-In Method of ERP Implementation
28. An XML base language for standardizing methods for preparing - publishing - and exchanging financial information
Quotation
ERP TECHNOLOGY
Document principles
XBRL (eXtensible Business Reporting System)
29. he financial periods that are posted for reporting purposes - internal and external.
Posting periods
Shadowing
Instantaneously
Monthly rent expense
30. Companies who purchase modules from ERP - SCM and ___ vendors must integrate the different modules together
Explicit knowledge
Enterprise Resource System (ERP) Software
Purchasing tolerances
CRM
31. Approach for implementing ERP systems in a phased manner; a popular alternative to the Big Bang method
Plant level
Material master records
Phased-In Method of ERP Implementation
Workflow
32. 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
Unstructured/information
Company code level
Internal control issues
Payment is too high or low
33. 3 attributes of successful ERP components: overall fit - ___________ - solid implementation plans
Document types
Document unique
Proper business analysis
Monthly rent payment
34. The second largest ERP vendor
Oracle
Knowledge management
Quotation
Instance documents
35. The key ________ issues: Employee resistance - retraining and reorientation - more data collection screens required - lack of qualified personnel - security - and employee retention
ERP PEOPLE
Online analytical processing (OLAP
Purchasing tolerances
Hypertext
36. Validation of ________ - ensure that appropriate taxonomy and tags have been applied
Purchasing tolerances
Instance documents
ERP TECHNOLOGY
Dozen
37. Purchased by Oracle - Strength in HR management - Widely used in the federal government
Peoplesoft
Unstructured/information
Dozen
Core competency
38. Facilitates the automation and management of business processes and controls the movement of work through the business process
Material master records
Workflow management system
General ledger accounts
Solid implementation plan
39. The purpose of the ________ for account postings: A tolerance group sets limits for end users (such as dollar limits on transactions)
Tolerance group
Online transaction processing (OLTP)
Hypertext
Workflow
40. A document that tells us prices - materials - a specified time for a price - a formal agreement. (an informal agreement is an inquiry)
Document principles
Custom made
Optimize business performance
Quotation
41. The primary reason for data warehousing is to _______________
Optimize business performance
Oracle
Monthly rent expense
Collaboration system
42. Events consisting of large numbers of relatively simple transactions such as updating accounting records that are stored in several related tables
Contracts
Workflow management system
Online transaction processing (OLTP)
Unstructured collaboration
43. Some of the major implications for Internal Control and Auditing when dealing with ERP systems: 1) Transaction authorization - 2) _____________ 3) supervision 4) accounting records 5)independent verification 6) access controls 7) traditional access c
Messaging-based workflow system
Segregation of duties
Phased-In Method of ERP Implementation
Document principles
44. Includes support for multicountry - multicurrency environments and wide scalability
Contracts
Plant level
SAP R/3
Internal business process
45. 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
ERP TECHNOLOGY
Internal business process
Dozen
Peoplesoft
46. Components needed to process a ____________: Vendor - Rent Expense Account - Amount - Invoice - and agreement.
Peoplesoft
CMS marketplace
Monthly rent expense
Invoice receipt tolerances
47. usiness intelligence - CRM - SCM - e-business
Procurement process
Online analytical processing (OLAP
Workflow management system
Extended ERP components
48. 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
Flexible configuration
XML (eXtensible Markup Language)
Oracle
Online analytical processing (OLAP
49. 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
Big Bang Method of ERP implementation
Information partnership
ERP PROCESS
Flexible configuration
50. Best practices for transferring or recreating tacit knowledge: ___________ and joint problem solving
Valuation Grouping code
Shadowing
Document types
Payment terms