Question 1

One of the four functional areas of operation is Human Resources (HR).

Accepted Answer

A) True 
 B)False  True

Question 2

Give some examples of Marketing and Sales in a small business such as a lemonade stand or some other simple example.

Accepted Answer

For the most part,this is a cash business and does not require formal record keeping,but you still need to keep track of your customers so that you can send flyers to repeat customers or send occasional thank you notes.Thus,your records must show not only the amount of sales,but also must identify repeat customers.
Product development can be done informally in such a simple business; you gather information about who buys which kind of lemonade and note what customers say about each product.You also analyze historical sales records to spot trends that are not obvious.

Question 3

Information systems designed so that functional areas share data are called ____________________.

Accepted Answer

integrated information systems
integrated IS

Question 4

The functional area of Supply Chain Management (SCM)sets prices.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following outputs would emerge from the Accounting and Finance functional area?

Accepted Answer

A)  Packaging orders 
B)  Sales strategy 
C)  Regulation compliance 
D)  Financial reports 
A)  Packaging orders 
B)  Sales strategy 
C)  Regulation compliance 
D)  Financial reports

Question 6

Today's managers are beginning to think in terms of business process.A business process cuts across which functional areas of operation?

Accepted Answer

A)  Marketing and Sales 
B)  Supply Chain Management 
C)  Accounting and Finance 
D)  Human Resources 
E)  All of the above 
A)  Marketing and Sales 
B)  Supply Chain Management 
C)  Accounting and Finance 
D)  Human Resources 
E)  All of the above

Question 7

Which business function is performed by Accounting and Finance?

Accepted Answer

A)  Cost allocation and control 
B)  Taking sales orders 
C)  Benefits 
D)  Plant maintenance 
A)  Cost allocation and control 
B)  Taking sales orders 
C)  Benefits 
D)  Plant maintenance

Question 8

Accounts receivable are recorded by the Human Resources department (HR).

Accepted Answer

A) True 
 B)False

Question 9

Describe the material order process in the following figure:

Accepted Answer

When production is alerted to a new orde

Question 10

A shortfall of raw materials is known as a ____________________.

Accepted Answer

The answer of A shortfall of raw materials is known...

Question 11

____ results in management overinvesting in extra raw materials

Accepted Answer

A)  Bulging raw materials 
B)  Stockup 
C)  Safety stock 
D)  Excess baggage 
A)  Bulging raw materials 
B)  Stockup 
C)  Safety stock 
D)  Excess baggage

Question 12

The business functions of financial accounting,cost allocation and control,planning and budgeting,and cash-flow management take place in the ____________________ functional area of operation.

Accepted Answer

Accounting

Question 13

To avoid stockouts,manufacturers might carry extra raw materials known as ____________________.

Accepted Answer

The answer of To avoid stockouts,manufacturers might carry extra raw...

Question 14

An ____________________ includes the computers,people,procedures,and software that store,organize,and deliver information.

Accepted Answer

Informatio

Question 15

When purchasing a computer,the functional area responsible for technical support is

Accepted Answer

A)  Marketing and Sales 
B)  Accounting and Finance 
C)  Supply Chain Management 
D)  Human Resources 
A)  Marketing and Sales 
B)  Accounting and Finance 
C)  Supply Chain Management 
D)  Human Resources

Question 16

When purchasing a computer,the functional area responsible for handling the financial help for purchasing that computer is

Accepted Answer

A)  Marketing and Sales 
B)  Accounting and Finance 
C)  Supply Chain Management 
D)  Human Resources 
A)  Marketing and Sales 
B)  Accounting and Finance 
C)  Supply Chain Management 
D)  Human Resources

Question 17

What departments are involved in the business process of selling a new computer?

Accepted Answer

Refer to t

Question 18

Which of the following is an input to the Marketing and Sales functional area?

Accepted Answer

A)  Production plans 
B)  Raw material orders 
C)  Per-unit cost 
D)  Accounts payable data 
A)  Production plans 
B)  Raw material orders 
C)  Per-unit cost 
D)  Accounts payable data

Question 19

Information systems that are designed so functional areas share data are called integrated information systems.

Accepted Answer

A) True 
 B)False

Question 20

The business process of Cash Flow Management is handled under the Accounting and Finance functional area of operation.

Accepted Answer

A) True 
 B)False

One of the four functional areas of operation is Human Resources (HR).

Give some examples of Marketing and Sales in a small business such as a lemonade stand or some other simple example.

Information systems designed so that functional areas share data are called ____________________.

The functional area of Supply Chain Management (SCM)sets prices.

Which of the following outputs would emerge from the Accounting and Finance functional area?

Today's managers are beginning to think in terms of business process.A business process cuts across which functional areas of operation?

Which business function is performed by Accounting and Finance?

Accounts receivable are recorded by the Human Resources department (HR).

Describe the material order process in the following figure:

A shortfall of raw materials is known as a ____________________.

____ results in management overinvesting in extra raw materials

The business functions of financial accounting,cost allocation and control,planning and budgeting,and cash-flow management take place in the ____________________ functional area of operation.

To avoid stockouts,manufacturers might carry extra raw materials known as ____________________.

An ____________________ includes the computers,people,procedures,and software that store,organize,and deliver information.

When purchasing a computer,the functional area responsible for technical support is

When purchasing a computer,the functional area responsible for handling the financial help for purchasing that computer is

What departments are involved in the business process of selling a new computer?

Which of the following is an input to the Marketing and Sales functional area?

Information systems that are designed so functional areas share data are called integrated information systems.

The business process of Cash Flow Management is handled under the Accounting and Finance functional area of operation.

The Development of Enterprise Resource Planning Systems

Marketing Information Systems and the Sales Order Process

Production and Supply Chain Management Information Systems

Accounting in Erp Systems

Human Resources Processes With ERP

Process Modeling, process Improvement, and ERP Implementation

ERP and Electronic Commerce

Filters

Exam 1: Business Functions and Business Processes

One of the four functional areas of operation is Human Resources (HR).

Give some examples of Marketing and Sales in a small business such as a lemonade stand or some other simple example.

Information systems designed so that functional areas share data are called ____________________.

The functional area of Supply Chain Management (SCM)sets prices.

Which of the following outputs would emerge from the Accounting and Finance functional area?

Today's managers are beginning to think in terms of business process.A business process cuts across which functional areas of operation?

Which business function is performed by Accounting and Finance?

Accounts receivable are recorded by the Human Resources department (HR).

Describe the material order process in the following figure:

A shortfall of raw materials is known as a ____________________.

____ results in management overinvesting in extra raw materials

The business functions of financial accounting,cost allocation and control,planning and budgeting,and cash-flow management take place in the ____________________ functional area of operation.

To avoid stockouts,manufacturers might carry extra raw materials known as ____________________.

An ____________________ includes the computers,people,procedures,and software that store,organize,and deliver information.

When purchasing a computer,the functional area responsible for technical support is

When purchasing a computer,the functional area responsible for handling the financial help for purchasing that computer is

What departments are involved in the business process of selling a new computer?

Which of the following is an input to the Marketing and Sales functional area?

Information systems that are designed so functional areas share data are called integrated information systems.

The business process of Cash Flow Management is handled under the Accounting and Finance functional area of operation.

The Development of Enterprise Resource Planning Systems

Marketing Information Systems and the Sales Order Process

Production and Supply Chain Management Information Systems

Accounting in Erp Systems

Human Resources Processes With ERP

Process Modeling, process Improvement, and ERP Implementation

ERP and Electronic Commerce

Filters