Question 1

Which activities do accounting and finance components perform?

Accepted Answer

A)  Track employee information including payroll, benefits, compensation, and performance assessment and assume responsibility for compliance with the legal requirements of multiple jurisdictions and tax authorities 
B)  Handle the various aspects of production planning and execution such as demand forecasting, production scheduling, job cost accounting, and quality control 
C)  Manage accounting data and financial processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting, and asset management. 
D)  None of these 
A)  Track employee information including payroll, benefits, compensation, and performance assessment and assume responsibility for compliance with the legal requirements of multiple jurisdictions and tax authorities 
B)  Handle the various aspects of production planning and execution such as demand forecasting, production scheduling, job cost accounting, and quality control 
C)  Manage accounting data and financial processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting, and asset management. 
D)  None of these C

Question 2

What are the primary features of ebusiness components?

Accepted Answer

A)  Eprocurement 
B)  Elogistics 
C)  Eprocurement and elogistics 
D)  None of these 
A)  Eprocurement 
B)  Elogistics 
C)  Eprocurement and elogistics 
D)  None of these C

Question 3

Production and materials management ERP components track employee information including payroll, benefits, compensation, and performance assessment and ensure compliance with all laws.

Accepted Answer

A) True 
 B)False  False

Question 4

Which activities do production and materials management components perform?

Accepted Answer

A)  Track employee information including payroll, benefits, compensation, and performance assessment and assume responsibility for compliance with the legal requirements of multiple jurisdictions and tax authorities 
B)  Handle the various aspects of production planning and execution such as demand forecasting, production scheduling, job cost accounting, and quality control 
C)  Manage accounting data and financial processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting, and asset management 
D)  None of these 
A)  Track employee information including payroll, benefits, compensation, and performance assessment and assume responsibility for compliance with the legal requirements of multiple jurisdictions and tax authorities 
B)  Handle the various aspects of production planning and execution such as demand forecasting, production scheduling, job cost accounting, and quality control 
C)  Manage accounting data and financial processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting, and asset management 
D)  None of these

Question 5

Which application's primary business benefits include forecasting, planning, purchasing, material management, warehousing, inventory, and distribution?

Accepted Answer

A)  CRM 
B)  SCM 
C)  ERP 
D)  All of these 
A)  CRM 
B)  SCM 
C)  ERP 
D)  All of these

Question 6

Who are the primary users of ERP systems?

Accepted Answer

A)  Sales, marketing, customer service 
B)  Accounting, finance, logistics, and production 
C)  Customers, resellers, partners, suppliers, and distributors 
D)  All of these 
A)  Sales, marketing, customer service 
B)  Accounting, finance, logistics, and production 
C)  Customers, resellers, partners, suppliers, and distributors 
D)  All of these

Question 7

Which of the following is not one of the three most common core ERP components focusing on internal operations?

Accepted Answer

A)  Accounting and finance 
B)  Production and materials management 
C)  Business intelligence 
D)  Human resources 
A)  Accounting and finance 
B)  Production and materials management 
C)  Business intelligence 
D)  Human resources

Question 8

Elogistics manages the transportation and storage of goods.

Accepted Answer

A) True 
 B)False

Question 9

Core ERP components are the traditional components included in most ERP systems and primarily focus on internal operations.

Accepted Answer

A) True 
 B)False

Question 10

Balanced scorecard is a management system, as well as a measurement system, that a firm uses to translate business strategies into executable tasks.

Accepted Answer

A) True 
 B)False

Question 11

Which application's primary business benefits include market demand, resource and capacity constraints, and real-time scheduling?

Accepted Answer

A)  CRM 
B)  SCM 
C)  ERP 
D)  All of these 
A)  CRM 
B)  SCM 
C)  ERP 
D)  All of these

Question 12

Software customization modifies existing software according to the business's or user's requirements.

Accepted Answer

A) True 
 B)False

Question 13

Describe the three primary components found in core enterprise resource planning.

Accepted Answer

Accounting and finance components-manage

Question 14

Production and materials management ERP components handle production planning and execution tasks such as demand forecasting, production scheduling, job cost accounting, and quality control.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is an extended ERP component?

Accepted Answer

A)  Business intelligence 
B)  Ebusiness 
C)  Customer relationship management 
D)  All of these 
A)  Business intelligence 
B)  Ebusiness 
C)  Customer relationship management 
D)  All of these

Question 16

Which component can help an organization determine such things as the identification of individuals who are likely to leave the company unless additional compensation or benefits are provided?

Accepted Answer

A)  Accounting and finance components 
B)  Production and managerial management components 
C)  Human resource components 
D)  Production and materials management components 
A)  Accounting and finance components 
B)  Production and managerial management components 
C)  Human resource components 
D)  Production and materials management components

Question 17

In the past, departments made decisions independent of each other.

Accepted Answer

A) True 
 B)False

Question 18

What modifies existing software according to the business's or user's requirements?

Accepted Answer

A)  Software customization 
B)  Data integration 
C)  Elogistics 
D)  Eprocurement 
A)  Software customization 
B)  Data integration 
C)  Elogistics 
D)  Eprocurement

Question 19

Which ebusiness component manages the transportation and storage of goods?

Accepted Answer

A)  Software customization 
B)  Data integration 
C)  Elogistics 
D)  Eprocurement 
A)  Software customization 
B)  Data integration 
C)  Elogistics 
D)  Eprocurement

Question 20

What is at the heart of any ERP system?

Accepted Answer

A)  Information 
B)  Employees 
C)  Customers 
D)  Database 
A)  Information 
B)  Employees 
C)  Customers 
D)  Database

Exam 12: Integrating the Organization From End to Endenterprise Resource Planning

Which activities do accounting and finance components perform?

What are the primary features of ebusiness components?

Production and materials management ERP components track employee information including payroll, benefits, compensation, and performance assessment and ensure compliance with all laws.

Which activities do production and materials management components perform?

Which application's primary business benefits include forecasting, planning, purchasing, material management, warehousing, inventory, and distribution?

Who are the primary users of ERP systems?

Which of the following is not one of the three most common core ERP components focusing on internal operations?

Elogistics manages the transportation and storage of goods.

Core ERP components are the traditional components included in most ERP systems and primarily focus on internal operations.

Balanced scorecard is a management system, as well as a measurement system, that a firm uses to translate business strategies into executable tasks.

Which application's primary business benefits include market demand, resource and capacity constraints, and real-time scheduling?

Software customization modifies existing software according to the business's or user's requirements.

Describe the three primary components found in core enterprise resource planning.

Production and materials management ERP components handle production planning and execution tasks such as demand forecasting, production scheduling, job cost accounting, and quality control.

Which of the following is an extended ERP component?

Which component can help an organization determine such things as the identification of individuals who are likely to leave the company unless additional compensation or benefits are provided?

In the past, departments made decisions independent of each other.

What modifies existing software according to the business's or user's requirements?

Which ebusiness component manages the transportation and storage of goods?

What is at the heart of any ERP system?

Business Driven Technology

Identifying Competitive Advantages

Strategic Initiatives for Implementing Competitive Advantages

Measuring the Success of Strategic Initiatives

Organizational Structures That Support Strategic Initiatives

Valuing and Storing Organizational Informationdatabases

Accessing Organizational Informationdata Warehouses

Understanding Big Data and Its Impact on Business

Enabling the Organizationdecision Making

Extending the Organizationsupply Chain Management

Building a Customer-Centric Organizationcustomer Relationship Management

Creating Innovative Organizations

Ebusiness

Creating Collaborative Partnerships

Integrating Wireless Technology in Business

Developing Software to Streamline Operations

Methodologies for Supporting Agile Organizations

Managing Organizational Projects

Business Driven Technology

Identifying Competitive Advantages

Strategic Initiatives for Implementing Competitive Advantages

Measuring the Success of Strategic Initiatives

Organizational Structures That Support Strategic Initiatives

Valuing and Storing Organizational Informationdatabases

Accessing Organizational Informationdata Warehouses

Understanding Big Data and Its Impact on Business

Enabling the Organizationdecision Making

Extending the Organizationsupply Chain Management

Building a Customer-Centric Organizationcustomer Relationship Management

Integrating the Organization From End to Endenterprise Resource Planning

Filters