Question 1

With _____ processing, each transaction is processed immediately, without the delay of accumulating transactions into a batch.

Accepted Answer

online transaction

Question 2

Half of nearly 200 ERP implementations worldwide were judged to be failures.

Accepted Answer

A) True 
 B)False  True

Question 3

Briefly explain the difference between financial and managerial accounting.

Accepted Answer

Financial accounting consists of capturing and recording all the transactions that affect the company's financial state and then using these documented transactions to prepare financial statements for external decision makers, such as stockholders, suppliers, banks, and government agencies. These statements must be prepared in strict accordance tor the rules and guidelines of various agencies. Managerial accounting involves using both historical and estimated data in providing information that management uses in conducting daily operations, in planning future operations, and in developing overall business strategies. Managerial accounting provides data to enable the firm's managers to assess the profitability of a given product line or specific product, identify under performing sales regions, establish budgets, make profit forecasts, and measure the effectiveness of marketing campaigns.

Question 4

With _____, business transactions are accumulated over a period of time for processing in a single unit.

Accepted Answer

A)  online transaction processing 
B)  real-time transaction processing 
C)  on-demand processing 
D)  batch processing 
A)  online transaction processing 
B)  real-time transaction processing 
C)  on-demand processing 
D)  batch processing

Question 5

SMEs are too small to achieve substantial business benefits from the implementation of an ERP system.

Accepted Answer

A) True 
 B)False

Question 6

An enterprise system ensures that the information needed for a single business function and all levels of management within that function is available.

Accepted Answer

A) True 
 B)False

Question 7

Implementation of an ERP system provides an organization with an opportunity to also upgrade its technology infrastructure.

Accepted Answer

A) True 
 B)False

Question 8

Purchasing uses the information from the _____ to place purchase orders for raw materials.

Accepted Answer

A)  sales and operations plan 
B)  materials requirement plan 
C)  detailed scheduling plan 
D)  none of the above 
A)  sales and operations plan 
B)  materials requirement plan 
C)  detailed scheduling plan 
D)  none of the above

Question 9

While integrated transaction processing system solutions have been developed for SMEs, unfortunately, most of these have a high total cost of ownership and are difficult to install.

Accepted Answer

A) True 
 B)False

Question 10

A(n) _____ is a set of coordinated and related activities that takes one or more types of input and creates an output of value to the customer of that process.

Accepted Answer

The answer of A(n) _____ is a set of coordinated...

Question 11

CRM is used primarily by people in the sales, marketing, and service organizations to capture and view data about ______.

Accepted Answer

The answer of CRM is used primarily by people in...

Question 12

CRM is used primarily by people in ______.

Accepted Answer

A)  finance and accounting 
B)  product development and manufacturing 
C)  sales, marketing, and customer service 
D)  human resources, marketing, and finance 
A)  finance and accounting 
B)  product development and manufacturing 
C)  sales, marketing, and customer service 
D)  human resources, marketing, and finance

Question 13

With an OLTP system, each transaction is accumulated over a period of time and prepared for processing in a large batch of similar transactions.

Accepted Answer

A) True 
 B)False

Question 14

In the ERP system, input to the general ledger occurs simultaneously with the input of a business transaction to a specific finance and accounting software module.

Accepted Answer

A) True 
 B)False

Question 15

_____ are the most efficient and effective ways to complete a business process.

Accepted Answer

The answer of _____ are the most efficient and effective...

Question 16

The processes used by leading companies to complete a business process in the most efficient and effective manner are called _____.

Accepted Answer

A)  current best approach 
B)  streamlined processes 
C)  best practices 
D)  process improvement 
A)  current best approach 
B)  streamlined processes 
C)  best practices 
D)  process improvement

Question 17

Running these systems efficiently and reliably is so critical that the ______ systems are sometimes referred to as the lifeblood of the organization.

Accepted Answer

The answer of Running these systems efficiently and reliably is...

Question 18

TPS systems capture and process data that describe fundamental business _____.

Accepted Answer

The answer of TPS systems capture and process data that...

Question 19

The transaction processing cycle includes data collection, data ______, data correction, data storage, and documentation production.

Accepted Answer

The answer of The transaction processing cycle includes data collection,...

Question 20

Capturing and gathering all data necessary to complete the processing of transactions is called data collection.

Accepted Answer

A) True 
 B)False

With _____ processing, each transaction is processed immediately, without the delay of accumulating transactions into a batch.

Half of nearly 200 ERP implementations worldwide were judged to be failures.

Briefly explain the difference between financial and managerial accounting.

With _____, business transactions are accumulated over a period of time for processing in a single unit.

SMEs are too small to achieve substantial business benefits from the implementation of an ERP system.

An enterprise system ensures that the information needed for a single business function and all levels of management within that function is available.

Implementation of an ERP system provides an organization with an opportunity to also upgrade its technology infrastructure.

Purchasing uses the information from the _____ to place purchase orders for raw materials.

While integrated transaction processing system solutions have been developed for SMEs, unfortunately, most of these have a high total cost of ownership and are difficult to install.

A(n) _____ is a set of coordinated and related activities that takes one or more types of input and creates an output of value to the customer of that process.

CRM is used primarily by people in the sales, marketing, and service organizations to capture and view data about ______.

CRM is used primarily by people in ______.

With an OLTP system, each transaction is accumulated over a period of time and prepared for processing in a large batch of similar transactions.

In the ERP system, input to the general ledger occurs simultaneously with the input of a business transaction to a specific finance and accounting software module.

_____ are the most efficient and effective ways to complete a business process.

The processes used by leading companies to complete a business process in the most efficient and effective manner are called _____.

Running these systems efficiently and reliably is so critical that the ______ systems are sometimes referred to as the lifeblood of the organization.

TPS systems capture and process data that describe fundamental business _____.

The transaction processing cycle includes data collection, data ______, data correction, data storage, and documentation production.

Capturing and gathering all data necessary to complete the processing of transactions is called data collection.

An Introduction to Information Systems

Information Systems in Organizations

Hardware: Input, Processing, and Output Devices

Software: Systems and Application Software

Database Systems, Data Centers, and Business Intelligence

Telecommunications and Networks

The Internet, Web, Intranets, and Extranets

Electronic and Mobile Commerce

Information and Decision Support Systems

Knowledge Management and Specialized Information Systems

Systems Development: Investigation and Analysis

Systems Development: Design, Implementation, and Review

The Personal and Social Impact of Computers

Filters

Exam 9: Enterprise Systems

With _____ processing, each transaction is processed immediately, without the delay of accumulating transactions into a batch.

Half of nearly 200 ERP implementations worldwide were judged to be failures.

Briefly explain the difference between financial and managerial accounting.

With _____, business transactions are accumulated over a period of time for processing in a single unit.

SMEs are too small to achieve substantial business benefits from the implementation of an ERP system.

An enterprise system ensures that the information needed for a single business function and all levels of management within that function is available.

Implementation of an ERP system provides an organization with an opportunity to also upgrade its technology infrastructure.

Purchasing uses the information from the _____ to place purchase orders for raw materials.

While integrated transaction processing system solutions have been developed for SMEs, unfortunately, most of these have a high total cost of ownership and are difficult to install.

A(n) _____ is a set of coordinated and related activities that takes one or more types of input and creates an output of value to the customer of that process.

CRM is used primarily by people in the sales, marketing, and service organizations to capture and view data about ______.

CRM is used primarily by people in ______.

With an OLTP system, each transaction is accumulated over a period of time and prepared for processing in a large batch of similar transactions.

In the ERP system, input to the general ledger occurs simultaneously with the input of a business transaction to a specific finance and accounting software module.

_____ are the most efficient and effective ways to complete a business process.

The processes used by leading companies to complete a business process in the most efficient and effective manner are called _____.

Running these systems efficiently and reliably is so critical that the ______ systems are sometimes referred to as the lifeblood of the organization.

TPS systems capture and process data that describe fundamental business _____.

The transaction processing cycle includes data collection, data ______, data correction, data storage, and documentation production.

Capturing and gathering all data necessary to complete the processing of transactions is called data collection.

An Introduction to Information Systems

Information Systems in Organizations

Hardware: Input, Processing, and Output Devices

Software: Systems and Application Software

Database Systems, Data Centers, and Business Intelligence

Telecommunications and Networks

The Internet, Web, Intranets, and Extranets

Electronic and Mobile Commerce

Information and Decision Support Systems

Knowledge Management and Specialized Information Systems

Systems Development: Investigation and Analysis

Systems Development: Design, Implementation, and Review

The Personal and Social Impact of Computers

Filters