Question 1

A software package at the entry-level, such as Peachtree:

Accepted Answer

A) Is likely to cost a few thousand dollars to implement fully 
B) Is scalable 
C) Is unlikely to incorporate Internet connectivity 
D) Is suitable for many businesses with less than $5 million in revenues 
E) Will include sample, customizable Charts of Accounts 
A) Is likely to cost a few thousand dollars to implement fully 
B) Is scalable 
C) Is unlikely to incorporate Internet connectivity 
D) Is suitable for many businesses with less than $5 million in revenues 
E) Will include sample, customizable Charts of Accounts

Question 2

An important drawback of an ERP system is that a failure can be catastrophic.

Accepted Answer

A) True 
 B)False

Question 3

It is impossible for the prices used by the accounting department to be different from the prices stored on the company's website.

Accepted Answer

A) True 
 B)False

Question 4

The acronym SCM stands for "supply chain management."

Accepted Answer

A) True 
 B)False

Question 5

The "systems configuration" of an ERP system refers to how the ERP system is deployed.

Accepted Answer

A) True 
 B)False

Question 6

Components of an ERP's architecture typically include:

Accepted Answer

A) A centralized database and application interfaces 
B) Multiple databases 
C) A centralized database running on a mainframe computer 
D) A UNIX operating system 
A) A centralized database and application interfaces 
B) Multiple databases 
C) A centralized database running on a mainframe computer 
D) A UNIX operating system

Question 7

The acronym CRM stands for "computerized relationship module."

Accepted Answer

A) True 
 B)False

Question 8

The term "spend management" refers to the ongoing process of limiting expenses to minimum levels.

Accepted Answer

A) True 
 B)False

Question 9

PRM stands for Personnel Relationship Management.

Accepted Answer

A) True 
 B)False

Question 10

All of the following are benefits of ERP systems except:

Accepted Answer

A) Reduced employee turnover 
B) Corporate-wide integration of data 
C) Reductions in data redundancy 
D) Better coordination of the different functional areas of a business 
A) Reduced employee turnover 
B) Corporate-wide integration of data 
C) Reductions in data redundancy 
D) Better coordination of the different functional areas of a business

Question 11

An e-business portal is a gateway to outside web sites and services.

Accepted Answer

A) True 
 B)False

Question 12

SAP R/3 is a good example of a middle-range AIS software program.

Accepted Answer

A) True 
 B)False

Question 13

Mashups are web pages that can combine the data from two or more sources.

Accepted Answer

A) True 
 B)False

Question 14

The acronym CRM stands for "computer resource management."

Accepted Answer

A) True 
 B)False

Question 15

A key success factor in BPR is the support of top management.

Accepted Answer

A) True 
 B)False

Question 16

Low-end accounting software is unlikely to include features such as sample charts of accounts and flexible reporting.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following is not a sign that indicates the need for a new AIS?

Accepted Answer

A) A new vendor has just announced an AIS package with several features your system does not have 
B) A slowdown in inventory turnover 
C) The owner is concerned about cash flows and profitability 
D) It takes longer to collect on receivables 
E) It takes longer to close the books 
A) A new vendor has just announced an AIS package with several features your system does not have 
B) A slowdown in inventory turnover 
C) The owner is concerned about cash flows and profitability 
D) It takes longer to collect on receivables 
E) It takes longer to close the books

Question 18

In the "AIS at Work" case, Mar-Bal installed an integrated accounting package rather than an ERP system.

Accepted Answer

A) True 
 B)False

Question 19

The term "extended ERP systems" refers to ERP systems that have been expanded to include "front office" capabilities.

Accepted Answer

A) True 
 B)False

Question 20

Training and change management activities:

Accepted Answer

A) Take place just before implementation 
B) Are most effective when conducted throughout design, implementation, and post-implementation follow-up 
C) Include technical training only 
D) Do not include the design of user interfaces 
A) Take place just before implementation 
B) Are most effective when conducted throughout design, implementation, and post-implementation follow-up 
C) Include technical training only 
D) Do not include the design of user interfaces

A software package at the entry-level, such as Peachtree:

An important drawback of an ERP system is that a failure can be catastrophic.

It is impossible for the prices used by the accounting department to be different from the prices stored on the company's website.

The acronym SCM stands for "supply chain management."

The "systems configuration" of an ERP system refers to how the ERP system is deployed.

Components of an ERP's architecture typically include:

The acronym CRM stands for "computerized relationship module."

The term "spend management" refers to the ongoing process of limiting expenses to minimum levels.

PRM stands for Personnel Relationship Management.

All of the following are benefits of ERP systems except:

An e-business portal is a gateway to outside web sites and services.

SAP R/3 is a good example of a middle-range AIS software program.

Mashups are web pages that can combine the data from two or more sources.

The acronym CRM stands for "computer resource management."

A key success factor in BPR is the support of top management.

Low-end accounting software is unlikely to include features such as sample charts of accounts and flexible reporting.

Which of the following is not a sign that indicates the need for a new AIS?

In the "AIS at Work" case, Mar-Bal installed an integrated accounting package rather than an ERP system.

The term "extended ERP systems" refers to ERP systems that have been expanded to include "front office" capabilities.

Training and change management activities:

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

A software package at the entry-level, such as Peachtree:

An important drawback of an ERP system is that a failure can be catastrophic.

It is impossible for the prices used by the accounting department to be different from the prices stored on the company's website.

The acronym SCM stands for "supply chain management."

The "systems configuration" of an ERP system refers to how the ERP system is deployed.

Components of an ERP's architecture typically include:

The acronym CRM stands for "computerized relationship module."

The term "spend management" refers to the ongoing process of limiting expenses to minimum levels.

PRM stands for Personnel Relationship Management.

All of the following are benefits of ERP systems except:

An e-business portal is a gateway to outside web sites and services.

SAP R/3 is a good example of a middle-range AIS software program.

Mashups are web pages that can combine the data from two or more sources.

The acronym CRM stands for "computer resource management."

A key success factor in BPR is the support of top management.

Low-end accounting software is unlikely to include features such as sample charts of accounts and flexible reporting.

Which of the following is not a sign that indicates the need for a new AIS?

In the "AIS at Work" case, Mar-Bal installed an integrated accounting package rather than an ERP system.

The term "extended ERP systems" refers to ERP systems that have been expanded to include "front office" capabilities.

Training and change management activities:

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