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






2. 3 characteristics of overall fit: off the rack - off the rack and tailored to fit - ______






3. 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






4. Tells whether a transaction is a debit or credit and what G/L account is associated.






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






6. 2 or more organizations cooperate by integrating their IT systems - providing customers with the best of what each can offer






7. 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






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






9. Participation in business processes - such as workflow






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






12. An outline agreement






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






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






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






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






17. The primary reason for data warehousing is to _______________






18. Provides tools to manage the creation - storage - editing - and publication of information in a collaborative environment






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






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






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






22. 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






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






24. 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.






25. usiness intelligence - CRM - SCM - e-business






26. 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.






27. 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






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






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






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






31. 4 perspectives a balanced scorecard views an organization from: learning and growth - ____________ - customer - financial






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






33. 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






34. Where the purchasing tolerances - goods receipt tolerances - and invoice receipt tolerances all are passed.






35. 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






36. Supports team interactions






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






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






39. 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






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






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






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






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






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






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






47. Track logistics movement of goods.






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






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






50. A meta-language for describing markup languages