Question 1

Integrated accounting software is mostly available to midsize and large-sized firms-not small businesses.

Accepted Answer

A) True 
 B)False

Question 2

Today's ERP systems are so good, and so straightforward, that most companies do not need the help of an expert when shopping for one.

Accepted Answer

A) True 
 B)False

Question 3

Within the context of accounting packages for small businesses, the term "scalability" refers to:

Accepted Answer

A) The weight of the package 
B) The ability of the system to grow with a business 
C) The ability to measure the benefits of the system in monetary terms 
D) none of these 
A) The weight of the package 
B) The ability of the system to grow with a business 
C) The ability to measure the benefits of the system in monetary terms 
D) none of these

Question 4

Another term for an accounting system accessed via the Internet is:

Accepted Answer

A) Internet portal 
B) Online access 
C) Hosted solution 
D) BRP system 
A) Internet portal 
B) Online access 
C) Hosted solution 
D) BRP system

Question 5

A business implementing an enterprise system should always conduct business process reengineering before putting in the new system.

Accepted Answer

A) True 
 B)False

Question 6

It is not possible to implement an enterprise information system in less than one year.

Accepted Answer

A) True 
 B)False

Question 7

An important advantage of cloud accounting includes the availability of backup services, multi-user access, but not upgrades to newer versions of the software.

Accepted Answer

A) True 
 B)False

Question 8

The benefits of an enterprise system may include reduced inventory investment and improved cash management.

Accepted Answer

A) True 
 B)False

Question 9

When we talk about a Value-Added Reseller within the context of accounting and enterprise software, we are referring to an individual or business that:

Accepted Answer

A) Usually assists small businesses to select entry-level, small business software 
B) Is a qualified installer of mid-level or high-end accounting software 
C) Makes special arrangements with software vendors and is able to train customers 
D) both (b)and (c) 
E) none of the above 
A) Usually assists small businesses to select entry-level, small business software 
B) Is a qualified installer of mid-level or high-end accounting software 
C) Makes special arrangements with software vendors and is able to train customers 
D) both (b)and (c) 
E) none of the above

Question 10

The approach to purchasing accounting software is the same, regardless of software complexity or price range.

Accepted Answer

A) True 
 B)False

Question 11

Supply chain management concerns an organization's ability to interface with its customers and suppliers.

Accepted Answer

A) True 
 B)False

Question 12

According to the AIS-at-Work article, Mar-Bal is a private company that makes plastic products.

Accepted Answer

A) True 
 B)False

Question 13

A rule of thumb is that prewritten accounting packages can handle about 80% of a company's needs.

Accepted Answer

A) True 
 B)False

Question 14

ERP I systems are mostly back-office systems; ERP II systems are front-office information systems.

Accepted Answer

A) True 
 B)False

Question 15

Which of these is the best reason why a company should not implement an ERP system?

Accepted Answer

A) The system you want is expensive 
B) The system you want is likely to be difficult to implement 
C) The system you want requires you to reengineer some business processes 
D) The system you want has expected costs that exceed its expected benefits 
A) The system you want is expensive 
B) The system you want is likely to be difficult to implement 
C) The system you want requires you to reengineer some business processes 
D) The system you want has expected costs that exceed its expected benefits

Question 16

Two important features of enterprise systems are integration and a centralized database.

Accepted Answer

A) True 
 B)False

Question 17

One possible reason to acquire a new accounting system is "pressure from competitors."

Accepted Answer

A) True 
 B)False

Question 18

A "portal" refers to a gateway with which users gain access to an ERP system.

Accepted Answer

A) True 
 B)False

Question 19

There is no such thing as an ERP for a niche market because with ERPs, one size fits all.

Accepted Answer

A) True 
 B)False

Question 20

An example of an intangible benefit of ERP systems is increased customer satisfaction.

Accepted Answer

A) True 
 B)False

Integrated accounting software is mostly available to midsize and large-sized firms-not small businesses.

Today's ERP systems are so good, and so straightforward, that most companies do not need the help of an expert when shopping for one.

Within the context of accounting packages for small businesses, the term "scalability" refers to:

Another term for an accounting system accessed via the Internet is:

A business implementing an enterprise system should always conduct business process reengineering before putting in the new system.

It is not possible to implement an enterprise information system in less than one year.

An important advantage of cloud accounting includes the availability of backup services, multi-user access, but not upgrades to newer versions of the software.

The benefits of an enterprise system may include reduced inventory investment and improved cash management.

When we talk about a Value-Added Reseller within the context of accounting and enterprise software, we are referring to an individual or business that:

The approach to purchasing accounting software is the same, regardless of software complexity or price range.

Supply chain management concerns an organization's ability to interface with its customers and suppliers.

According to the AIS-at-Work article, Mar-Bal is a private company that makes plastic products.

A rule of thumb is that prewritten accounting packages can handle about 80% of a company's needs.

ERP I systems are mostly back-office systems; ERP II systems are front-office information systems.

Which of these is the best reason why a company should not implement an ERP system?

Two important features of enterprise systems are integration and a centralized database.

One possible reason to acquire a new accounting system is "pressure from competitors."

A "portal" refers to a gateway with which users gain access to an ERP system.

There is no such thing as an ERP for a niche market because with ERPs, one size fits all.

An example of an intangible benefit of ERP systems is increased customer satisfaction.

Accounting Information Systems and the Accountant

Accounting on the Internet

Information Technology and Aiss

Accounting and Data Analytics

Introduction to Internal Control Systems and Risk Management

Computer Controls for Organizations and Accounting Information Systems

Accounting Information Systems and Business Processes: Part I

Accounting Information Systems and Business Processes: Part II

Cybercrime, Fraud, and Ethics

Information Technology Auditing

Documenting Accounting Information Systems

Developing and Implementing Effective Accounting Information Systems

Database Design

Organizing and Manipulating the Data in Databases

Database Forms and Reports

Filters

Exam 5: Integrated Accounting and Enterprise Software

Integrated accounting software is mostly available to midsize and large-sized firms-not small businesses.

Today's ERP systems are so good, and so straightforward, that most companies do not need the help of an expert when shopping for one.

Within the context of accounting packages for small businesses, the term "scalability" refers to:

Another term for an accounting system accessed via the Internet is:

A business implementing an enterprise system should always conduct business process reengineering before putting in the new system.

It is not possible to implement an enterprise information system in less than one year.

An important advantage of cloud accounting includes the availability of backup services, multi-user access, but not upgrades to newer versions of the software.

The benefits of an enterprise system may include reduced inventory investment and improved cash management.

When we talk about a Value-Added Reseller within the context of accounting and enterprise software, we are referring to an individual or business that:

The approach to purchasing accounting software is the same, regardless of software complexity or price range.

Supply chain management concerns an organization's ability to interface with its customers and suppliers.

According to the AIS-at-Work article, Mar-Bal is a private company that makes plastic products.

A rule of thumb is that prewritten accounting packages can handle about 80% of a company's needs.

ERP I systems are mostly back-office systems; ERP II systems are front-office information systems.

Which of these is the best reason why a company should not implement an ERP system?

Two important features of enterprise systems are integration and a centralized database.

One possible reason to acquire a new accounting system is "pressure from competitors."

A "portal" refers to a gateway with which users gain access to an ERP system.

There is no such thing as an ERP for a niche market because with ERPs, one size fits all.

An example of an intangible benefit of ERP systems is increased customer satisfaction.

Accounting Information Systems and the Accountant

Accounting on the Internet

Information Technology and Aiss

Accounting and Data Analytics

Introduction to Internal Control Systems and Risk Management

Computer Controls for Organizations and Accounting Information Systems

Accounting Information Systems and Business Processes: Part I

Accounting Information Systems and Business Processes: Part II

Cybercrime, Fraud, and Ethics

Information Technology Auditing

Documenting Accounting Information Systems

Developing and Implementing Effective Accounting Information Systems

Database Design

Organizing and Manipulating the Data in Databases

Database Forms and Reports

Filters