Exam 23: Functional Processes, Applications, and Systems

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Which of the following applications can be used to obtain additional sales from existing customers?

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Just-in-time (JIT)inventory policy is adopted by companies that view inventories as assets.

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The cost accounting module of accounting application ________.

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Which of the following includes the planning of materials,personnel,and machinery used in the manufacturing process?

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________ is an application that plans the need for materials and inventories of materials used in the manufacturing process.

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Managing customers is not a function of sales process applications.

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The sales lead-tracking business process is an example of functional business processes.

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Which of the following is a function of sales applications?

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The most common functional applications in marketing are product and brand management applications.

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What are the major functions of accounting applications?

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Order entry and order management are associated with manufacturing applications.

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Which of the following is referred to as MRP II?

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Operations applications are particularly prominent for non-manufacturers such as wholesalers and retailers.

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Materials requirements planning is referred to as MRP II.

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All companies view inventories primarily as assets.

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Master production schedule (MPS)is an example of the pull manufacturing process.

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What are functional processes and functional applications?

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Accounts receivable includes not just recording the receivables and the payments against receivables,but also the features to reconcile payments against purchases.

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Which of the following is a function of the order entry module of operations application?

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A computer program that supports or automates the major activities in a functional process is referred to as ________.

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