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






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






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






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






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






6. What components are needed to ____________: A vendor - an insurance expense account - amount of payment.






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






8. 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






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






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






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






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






13. Request for quotation






14. Participation in business processes - such as workflow






15. 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






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






17. 3 attributes of successful ERP components: overall fit - ___________ - solid implementation plans






18. All the steps or business rules - from beginning to end - required for a business process






19. 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






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






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






22. 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.






23. 3 characteristics of overall fit: off the rack - off the rack and tailored to fit - ______






24. Manages the transportation and storage of goods






25. 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






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






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






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






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






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






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






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






33. An outline agreement






34. Posting periods in FF






35. The types of contracts: Quantity Contract - ___________






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






37. Supports team interactions






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






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






40. A meta-language for describing markup languages






41. 4 perspectives a balanced scorecard views an organization from: learning and growth - ____________ - customer - financial






42. Track logistics movement of goods.






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






44. 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






45. 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






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






47. Sends work assignments through an e-mail system






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






49. Benefits of ERP: 1) ERPs employ proven best practices - 2) Enable _____________ 3) Improve information management including eliminating duplicative systems - providing on-line and real-time info - and facilitating intra- and inter-organizational comm






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