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. 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






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






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






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






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






6. 2 categories of collaboration systems: __________ - structured/process






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






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






9. 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.






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






11. Request for quotation






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






13. A meta-language for describing markup languages






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






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






16. To share ________: One person creates the vendor number. - Everyone then recreates the vendor with the same number and their company code.






17. The primary reason for data warehousing is to _______________






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






19. 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






20. 4 perspectives a balanced scorecard views an organization from: learning and growth - ____________ - customer - financial






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






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






23. 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






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






25. 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






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






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






28. An outline agreement






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






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






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






32. 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






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






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






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






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






37. 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






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






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






40. Posting periods in FF






41. Events consisting of large numbers of relatively simple transactions such as updating accounting records that are stored in several related tables






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






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






44. Participation in business processes - such as workflow






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






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






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






48. Track logistics movement of goods.






49. Supports team interactions






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