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. Request for quotation






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






3. Price Variance. Maximum cash discount variance.






4. 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.






5. An outline agreement






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






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






8. Manages the transportation and storage of goods






9. The types of contracts: Quantity Contract - ___________






10. 2 or more organizations cooperate by integrating their IT systems - providing customers with the best of what each can offer






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






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






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






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






15. 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






16. Supports team interactions






17. The primary reason for data warehousing is to _______________






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






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






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






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






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






23. 3 attributes of successful ERP components: overall fit - ___________ - solid implementation plans






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






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






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






27. 4 perspectives a balanced scorecard views an organization from: learning and growth - ____________ - customer - financial






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






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






30. 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






31. 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






32. A meta-language for describing markup languages






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






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






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






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






37. 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






38. Track logistics movement of goods.






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






40. 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






41. 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






42. Participation in business processes - such as workflow






43. 3 characteristics of overall fit: off the rack - off the rack and tailored to fit - ______






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






45. 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






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






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






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






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






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