Question 1

A strength of ERP systems is that it is not necessary to have consistent definitions across all functional areas.

Accepted Answer

A) True 
 B)False  False

Question 2

Drilling down means descending through an existing hierarchy to bring out more and more details from a database.

Accepted Answer

A) True 
 B)False  True

Question 3

What is the common name for a computer system that integrates application programs in accounting, sales, manufacturing, and other functions in a firm by way of a shared database?

Accepted Answer

A)  Entrepreneurial resource programming (ERP) 
B)  Enterprise resource planning (ERP) 
C)  Endeavour reconstruction planning (ERP) 
D)  Enterprise retention programming (ERP) 
A)  Entrepreneurial resource programming (ERP) 
B)  Enterprise resource planning (ERP) 
C)  Endeavour reconstruction planning (ERP) 
D)  Enterprise retention programming (ERP) B

Question 4

Which of the following are not ERP applications?

Accepted Answer

A)  Transaction processing 
B)  Warranty processing 
C)  Finance 
D)  Sales and marketing 
E)  Human resource management 
A)  Transaction processing 
B)  Warranty processing 
C)  Finance 
D)  Sales and marketing 
E)  Human resource management

Question 5

Quality management software supports the activities associated with planning and performing repairs and preventive maintenance.

Accepted Answer

A) True 
 B)False

Question 6

One of the weaknesses of SAP is the inability to link with most mobile devices.

Accepted Answer

A) True 
 B)False

Question 7

Data warehouses are useful mechanisms to support daily routine tasks.

Accepted Answer

A) True 
 B)False

Question 8

Because the scope of ERP packages is very large, it is rarely necessary to add additional software.

Accepted Answer

A) True 
 B)False

Question 9

Within ERP, which set of applications is the largest and most complicated?

Accepted Answer

A)  Finance 
B)  Manufacturing and logistics 
C)  Sales and marketing 
D)  Human resources 
A)  Finance 
B)  Manufacturing and logistics 
C)  Sales and marketing 
D)  Human resources

Question 10

A limitation of traditional financial metrics is that they primarily tell a story of past events.

Accepted Answer

A) True 
 B)False

Question 11

When selecting an ERP system, it is possible to take a multivendor approach.

Accepted Answer

A) True 
 B)False

Question 12

What is the name of Microsoft's version of ERP?

Accepted Answer

A)  Dynamics 
B)  Manugistics 
C)  Oracle 
D)  i2 
A)  Dynamics 
B)  Manugistics 
C)  Oracle 
D)  i2

Question 13

Which of the following is not an aspect of ERP that determines quality?

Accepted Answer

A)  The software should be multifunctional. 
B)  The software should be integrated. 
C)  The software should narrowly focus on a single function. 
D)  The software must facilitate basic planning. 
A)  The software should be multifunctional. 
B)  The software should be integrated. 
C)  The software should narrowly focus on a single function. 
D)  The software must facilitate basic planning.

Question 14

When moving product, it is optimal to focus on the lowest price quote of each individual distribution stage.

Accepted Answer

A) True 
 B)False

Question 15

Since it is just software, it is fairly quick-and-easy to upgrade an ERP system.

Accepted Answer

A) True 
 B)False

Question 16

What industries find CRP most useful?

Accepted Answer

A)  Manufacturing and engineering industries 
B)  Sports and entertainment industries 
C)  Consumer product and retail industries 
D)  Financial and accounting industries 
A)  Manufacturing and engineering industries 
B)  Sports and entertainment industries 
C)  Consumer product and retail industries 
D)  Financial and accounting industries

Question 17

Oracle is the largest ERP vendor.

Accepted Answer

A) True 
 B)False

Question 18

ERP handles all aspects of a supply chain except for managing raw materials.

Accepted Answer

A) True 
 B)False

Question 19

What three functional areas make up the manufacturing operating cycle?

Accepted Answer

A)  Manufacturing, sales, and distribution 
B)  Purchasing, manufacturing, and logistics 
C)  Procurement, engineering, and sales 
D)  Purchasing, manufacturing, and sales and distribution 
A)  Manufacturing, sales, and distribution 
B)  Purchasing, manufacturing, and logistics 
C)  Procurement, engineering, and sales 
D)  Purchasing, manufacturing, and sales and distribution

Question 20

Which of the following is not a benefit of running large batches in a manufacturing setting?

Accepted Answer

A)  Create larger inventories. 
B)  Minimize equipment downtime. 
C)  Increase equipment and labor utilization. 
D)  Improve quality performance. 
A)  Create larger inventories. 
B)  Minimize equipment downtime. 
C)  Increase equipment and labor utilization. 
D)  Improve quality performance.

Exam 17: The Internet of Things and Erp

A strength of ERP systems is that it is not necessary to have consistent definitions across all functional areas.

Drilling down means descending through an existing hierarchy to bring out more and more details from a database.

What is the common name for a computer system that integrates application programs in accounting, sales, manufacturing, and other functions in a firm by way of a shared database?

Which of the following are not ERP applications?

Quality management software supports the activities associated with planning and performing repairs and preventive maintenance.

One of the weaknesses of SAP is the inability to link with most mobile devices.

Data warehouses are useful mechanisms to support daily routine tasks.

Because the scope of ERP packages is very large, it is rarely necessary to add additional software.

Within ERP, which set of applications is the largest and most complicated?

A limitation of traditional financial metrics is that they primarily tell a story of past events.

When selecting an ERP system, it is possible to take a multivendor approach.

What is the name of Microsoft's version of ERP?

Which of the following is not an aspect of ERP that determines quality?

When moving product, it is optimal to focus on the lowest price quote of each individual distribution stage.

Since it is just software, it is fairly quick-and-easy to upgrade an ERP system.

What industries find CRP most useful?

Oracle is the largest ERP vendor.

ERP handles all aspects of a supply chain except for managing raw materials.

What three functional areas make up the manufacturing operating cycle?

Which of the following is not a benefit of running large batches in a manufacturing setting?

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Process Design and Analysis

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