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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. usiness intelligence - CRM - SCM - e-business
Procurement process
Extended ERP components
Core Applications
Phased-In Method of ERP Implementation
2. Request for quotation
Hypertext
Oracle
RFQ
ERP TECHNOLOGY
3. A system that integrates all departments and functions across an organization into a single computer system; helps facilitate communications among departments
Shadowing
Posting keys
Online analytical processing (OLAP
Enterprise Resource System (ERP) Software
4. How can tolerance groups be categorized: They can be either _________ or special. Users must be assigned to special.
Internal business process
Oracle
Default
Solid implementation plan
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
Key Business Exposures
Payment is too high or low
Database-based workflow system
Knowledge management
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
CRM
Core Applications
Document unique
Document numbers
7. An XML base language for standardizing methods for preparing - publishing - and exchanging financial information
XBRL (eXtensible Business Reporting System)
Process insurance expense
Invoice receipt tolerances
XML (eXtensible Markup Language)
8. A document that tells us prices - materials - a specified time for a price - a formal agreement. (an informal agreement is an inquiry)
Elogistics
Quality Contract
Quotation
Document types
9. Sends work assignments through an e-mail system
Messaging-based workflow system
Content management system
Internal business process
Core Applications
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.
Structured collaboration
Valuation Grouping code
Material master records
Content management system
11. Approach for implementing ERP systems in a phased manner; a popular alternative to the Big Bang method
Online analytical processing (OLAP
Internal business process
Document numbers
Phased-In Method of ERP Implementation
12. Companies who purchase modules from ERP - SCM and ___ vendors must integrate the different modules together
Proper business analysis
CRM
Payment terms
Contracts
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
Taxonomy Creation
SAP (Systems - Applications - and Products)
Core competency
Segregation of duties
14. Database constructed for quick searching - retrieval - ad hoc queries - and ease of use
Purchasing tolerances
Business Analysis Applications
Data warehouse
Quotation
15. A meta-language for describing markup languages
Valuation Grouping code
Material master records
Monthly rent payment
XML (eXtensible Markup Language)
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.
3 way match
General ledger accounts
Workflow
Automatic account assignments
17. An outline agreement
Contracts
Oracle
Internal business process
Phased-In Method of ERP Implementation
18. The steps to completing the ___________ process: Agreement - invoice - payment.
Monthly rent expense
CRM
Monthly rent payment
Document principles
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
Core ERP components
Business Analysis Applications
Knowledge management systems (KMS)
Content management system
20. Three things make a _________: Document number. Fiscal Year. Company Code.
Tolerance group
Document unique
CMS marketplace
Groupware
21. Supports the work of teams by facilitating the sharing and flow of information
Phased-In Method of ERP Implementation
Collaboration system
Core Applications
Material master records
22. Track logistics movement of goods.
Audit scope and timeframe
Data warehouse
Automatic account assignments
Document unique
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
Internal business process
Structured collaboration
Payment is too high or low
ERP TECHNOLOGY
24. The purpose of __________: Audit Trail. Determines the type of document it is.
Document numbers
Shadowing
Enterprise Resource System (ERP) Software
Elogistics
25. Validation of ________ - ensure that appropriate taxonomy and tags have been applied
Instance documents
Flexible configuration
Knowledge management systems (KMS)
Core competency
26. The global leader with 30 to 60% of the ERP market
SAP (Systems - Applications - and Products)
Segregation of duties
Procurement process
Custom made
27. The purpose of the ________ for account postings: A tolerance group sets limits for end users (such as dollar limits on transactions)
Tolerance group
Quotation
Monthly rent expense
Explicit knowledge
28. Account and finance - production and materials management - human resource
Plant level
CRM
Posting keys
Core ERP components
29. 2 categories of collaboration systems: __________ - structured/process
Big Bang Method of ERP implementation
Unstructured/information
Posting periods
Material master
30. Includes what management systems: document MS - digital asset MS - web content MS
Purchasing tolerances
Collaboration system
Segregation of duties
CMS marketplace
31. You have created a __________. This materialwould be shared at each (smallest unit possible to be considered for a material)
Material master
Messaging-based workflow system
Vendor master records
Peoplesoft
32. Best practices for transferring or recreating tacit knowledge: ___________ and joint problem solving
Shadowing
Monthly rent expense
Knowledge management systems (KMS)
Vendor master records
33. In ________ - D - R - K - and Z mean: D - Customer R - Invoice K - Vendor Z - Payment
Online analytical processing (OLAP
Organizational standardization
Workflow management system
Document types
34. Includes support for multicountry - multicurrency environments and wide scalability
Balanced scorecard
SAP R/3
CRM
Collaboration system
35. Document exchange - shared whiteboards - discussion forums - email
Document types
Unstructured collaboration
Procurement process
Online transaction processing (OLTP)
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
Extended ERP components
Online transaction processing (OLTP)
Internal control issues
Instance documents
37. The primary reason for data warehousing is to _______________
Optimize business performance
Extended ERP components
Peoplesoft
Plant level
38. ____________________ categoriesKnowledge repositories (databases) - expertise tools - e-learning applications - discussion and chat technologies - search and data mining tools
Invoice receipt tolerances
Instance documents
Knowledge management systems (KMS)
Internal business process
39. Tell us who is responsible for the document and when it was created.
Document principles
Document unique
Phased-In Method of ERP Implementation
XML (eXtensible Markup Language)
40. An organization's key strength - the business function that it does better than any of its competitors
Collaboration system
Groupware
Core competency
Instantaneously
41. The two main ERP applications: Core Applications and ___________
Key Business Exposures
Vendor master records
Data warehouse
Business Analysis Applications
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
Automatic account assignments
Big Bang Method of ERP implementation
Business Analysis Applications
Material master
43. Categories of intellectual and knowledge-based categories: explicit knowledge and _____________
Tacit knowledge
ERP PEOPLE
Business Analysis Applications
Company code level
44. Manages the transportation and storage of goods
Shadowing
Elogistics
Organizational standardization
XBRL (eXtensible Business Reporting System)
45. 3 characteristics of overall fit: off the rack - off the rack and tailored to fit - ______
Custom made
CRM
Knowledge management systems (KMS)
Online analytical processing (OLAP
46. he financial periods that are posted for reporting purposes - internal and external.
SAP (Systems - Applications - and Products)
Posting periods
Taxonomy Creation
Core competency
47. ncorrect taxonomy results in invalid mapping that may cause material misrepresentation of financial data
Taxonomy Creation
Proper business analysis
Process insurance expense
Valuation Grouping code
48. The Key _____________ issues: There are many high costs - maintenance requirements (upgrades and compatability) - extensive reorganization of the company
Core Applications
Taxonomy Creation
Automatic account assignments
ERP PROCESS
49. A _____ is needed to monitor the quality - objectives - and timelines
Solid implementation plan
XBRL (eXtensible Business Reporting System)
Proper business analysis
Database-based workflow system
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
Flexible configuration
Tacit knowledge
Online transaction processing (OLTP)
Monthly rent payment