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. usiness intelligence - CRM - SCM - e-business






2. Request for quotation






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






4. How can tolerance groups be categorized: They can be either _________ or special. Users must be assigned to special.






5. 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






6. 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






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






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






9. Sends work assignments through an e-mail system






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






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






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






13. 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






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






15. A meta-language for describing markup languages






16. 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.






17. An outline agreement






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






19. 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






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






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






22. Track logistics movement of goods.






23. 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






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






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






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






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






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






29. 2 categories of collaboration systems: __________ - structured/process






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






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






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






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






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






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






36. 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






37. The primary reason for data warehousing is to _______________






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






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






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






41. The two main ERP applications: Core Applications and ___________






42. Attempt by organizations to switch operations from their old legacy systems to a new system in a single event that implements the ERP across the entire company; more ambitious and risk than phased-in method






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






44. Manages the transportation and storage of goods






45. 3 characteristics of overall fit: off the rack - off the rack and tailored to fit - ______






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






47. ncorrect taxonomy results in invalid mapping that may cause material misrepresentation of financial data






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






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






50. 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