Question 1

Drill-down capability is an OLAP feature of data mining tools.

Accepted Answer

A) True 
 B)False

Question 2

Internal efficiency is cited as one reason for separating the data warehouse from the operational database.Explain.

Accepted Answer

The structural and operational requireme

Question 3

Describe the two-tier client server model.

Accepted Answer

In a two-tier architecture,the server ha

Question 4

Supply chain management software

Accepted Answer

A)  is typically under the control of external partners in the chain. 
B)  links all of the partners in the chain, including vendors, carriers, third-party firms, and information systems providers. 
C)  cannot be integrated into an overall ERP. 
D)  none of the above 
A)  is typically under the control of external partners in the chain. 
B)  links all of the partners in the chain, including vendors, carriers, third-party firms, and information systems providers. 
C)  cannot be integrated into an overall ERP. 
D)  none of the above

Question 5

Efficient supply-chain management provides firms with a competitive advantage.

Accepted Answer

A) True 
 B)False

Question 6

What is the closed database architecture?

Accepted Answer

The closed database architecture is simi

Question 7

What is an access control list?

Accepted Answer

It is a technique fo

Question 8

Auditors of ERP systems

Accepted Answer

A)  are concerned about segregation of duties just as they would be in traditional systems. 
B)  focus on output controls such as independent verification because internal processing controls are known to be correct since best practices are used. 
C)  routinely audit data in the data warehouse because it is know to be clean and free from errors. 
D)  need not review access levels granted to users since these are determined when the system is configured and never change. 
A)  are concerned about segregation of duties just as they would be in traditional systems. 
B)  focus on output controls such as independent verification because internal processing controls are known to be correct since best practices are used. 
C)  routinely audit data in the data warehouse because it is know to be clean and free from errors. 
D)  need not review access levels granted to users since these are determined when the system is configured and never change.

Question 9

A problem with RBAC is that managers tend to create unnecessary roles

Accepted Answer

A) True 
 B)False

Question 10

What is the client-server model?

Accepted Answer

The client-server model is a form of net

Question 11

Data mining typically focuses on the operational databases.

Accepted Answer

A) True 
 B)False

Question 12

What is a role?

Accepted Answer

It is the task an individual p

Question 13

If a chosen ERP cannot handle a specific company process bolt-on software may be available.

Accepted Answer

A) True 
 B)False

Question 14

How does a data warehouse help the external auditor perform the audit?

Accepted Answer

One of the key procedures performed by t

Question 15

Which statement is LEAST accurate?

Accepted Answer

A)  Implementing an ERP system has as much to do with changing the way an organization does business than it does with technology. 
B)  The big-bang approach to ERP implementation is generally riskier than the phased in approach. 
C)  To take full advantage of the ERP process, reengineering will need to occur. 
D)  A common reason for ERP failure is that the ERP does not support one or more important business processes of the organization 
A)  Implementing an ERP system has as much to do with changing the way an organization does business than it does with technology. 
B)  The big-bang approach to ERP implementation is generally riskier than the phased in approach. 
C)  To take full advantage of the ERP process, reengineering will need to occur. 
D)  A common reason for ERP failure is that the ERP does not support one or more important business processes of the organization

Question 16

How can a firm acquire bolt-on software? What are the options?

Accepted Answer

When a firm needs additional function no

Question 17

Why must a data warehouse include both detail and summary data?

Accepted Answer

Many decision makers need similar inform

Question 18

How are OLTP and OLAP different? Give examples of their use.

Accepted Answer

On-line transaction processing (OLTP)inv

Question 19

Which of the following is NOT as a risk associated with ERP implementation?

Accepted Answer

A)  A drop in firm performance after implementation because the firm looks and works differently than it did while using a legacy system. 
B)  Implementing companies have found that staff members, employed by ERP consulting firms, do not have sufficient experience in implementing new systems. 
C)  Implementing firms fail to select systems that properly support their business activities. 
D)  The selected system does not adequately meet the adopting firm's economic growth. 
E)  ERPs are too large, complex, and generic for them to be well integrated into most company cultures. 
A)  A drop in firm performance after implementation because the firm looks and works differently than it did while using a legacy system. 
B)  Implementing companies have found that staff members, employed by ERP consulting firms, do not have sufficient experience in implementing new systems. 
C)  Implementing firms fail to select systems that properly support their business activities. 
D)  The selected system does not adequately meet the adopting firm's economic growth. 
E)  ERPs are too large, complex, and generic for them to be well integrated into most company cultures.

Question 20

A closed database architecture shares data easily.

Accepted Answer

A) True 
 B)False

Drill-down capability is an OLAP feature of data mining tools.

Internal efficiency is cited as one reason for separating the data warehouse from the operational database.Explain.

Describe the two-tier client server model.

Supply chain management software

Efficient supply-chain management provides firms with a competitive advantage.

What is the closed database architecture?

What is an access control list?

Auditors of ERP systems

A problem with RBAC is that managers tend to create unnecessary roles

What is the client-server model?

Data mining typically focuses on the operational databases.

What is a role?

If a chosen ERP cannot handle a specific company process bolt-on software may be available.

How does a data warehouse help the external auditor perform the audit?

Which statement is LEAST accurate?

How can a firm acquire bolt-on software? What are the options?

Why must a data warehouse include both detail and summary data?

How are OLTP and OLAP different? Give examples of their use.

Which of the following is NOT as a risk associated with ERP implementation?

A closed database architecture shares data easily.

The Information System: An Accountant’s Perspective

Introduction to Transaction Processing

Ethics, Fraud, and Internal Control

The Revenue Cycle

The Expenditure Cycle Part I: Purchases and Cash Disbursements Procedures

The Expenditure Cycle Part II: Payroll Processing and Fixed Asset Procedures

The Conversion Cycle

General Ledger, Financial Reporting, and Management Reporting Systems

Database Management Systems

The REA Approach to Business Process Modeling

Electronic Commerce Systems

Managing the Systems Development Life Cycle

Construct, Deliver, and Maintain Systems Projects

IT Controls : Sarbanes-Oxley and IT Governance

IT Controls : Security and Access

IT Controls : Systems Development Program Changes and Application Controls

Filters

Exam 11: Enterprise Resource Planning Systems

Drill-down capability is an OLAP feature of data mining tools.

Internal efficiency is cited as one reason for separating the data warehouse from the operational database.Explain.

Describe the two-tier client server model.

Supply chain management software

Efficient supply-chain management provides firms with a competitive advantage.

What is the closed database architecture?

What is an access control list?

Auditors of ERP systems

A problem with RBAC is that managers tend to create unnecessary roles

What is the client-server model?

Data mining typically focuses on the operational databases.

What is a role?

If a chosen ERP cannot handle a specific company process bolt-on software may be available.

How does a data warehouse help the external auditor perform the audit?

Which statement is LEAST accurate?

How can a firm acquire bolt-on software? What are the options?

Why must a data warehouse include both detail and summary data?

How are OLTP and OLAP different? Give examples of their use.

Which of the following is NOT as a risk associated with ERP implementation?

A closed database architecture shares data easily.

The Information System: An Accountant’s Perspective

Introduction to Transaction Processing

Ethics, Fraud, and Internal Control

The Revenue Cycle

The Expenditure Cycle Part I: Purchases and Cash Disbursements Procedures

The Expenditure Cycle Part II: Payroll Processing and Fixed Asset Procedures

The Conversion Cycle

General Ledger, Financial Reporting, and Management Reporting Systems

Database Management Systems

The REA Approach to Business Process Modeling

Electronic Commerce Systems

Managing the Systems Development Life Cycle

Construct, Deliver, and Maintain Systems Projects

IT Controls : Sarbanes-Oxley and IT Governance

IT Controls : Security and Access

IT Controls : Systems Development Program Changes and Application Controls

Filters