Question 1

Which activities do accounting and finance components perform?

Accepted Answer

A) Track employee information including payroll, benefits, compensation, and performance assessment and assume responsibility for compliance with the legal requirements of multiple jurisdictions and tax authorities. 
B) Handle the various aspects of production planning and execution such as demand forecasting, production scheduling, job cost accounting, and quality control. 
C) Manage accounting data and financial processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting, and asset management. 
D) None of these 
A) Track employee information including payroll, benefits, compensation, and performance assessment and assume responsibility for compliance with the legal requirements of multiple jurisdictions and tax authorities. 
B) Handle the various aspects of production planning and execution such as demand forecasting, production scheduling, job cost accounting, and quality control. 
C) Manage accounting data and financial processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting, and asset management. 
D) None of these

Question 2

What is the key word in ERP?

Accepted Answer

A) Enterprise 
B) Resource 
C) Planning 
D) None of these 
A) Enterprise 
B) Resource 
C) Planning 
D) None of these

Question 3

Who are the primary users of ERP systems?

Accepted Answer

A) Sales, marketing, customer service. 
B) Accounting, finance, logistics, and production. 
C) Customers, resellers, partners, suppliers, and distributors. 
D) All of these. 
A) Sales, marketing, customer service. 
B) Accounting, finance, logistics, and production. 
C) Customers, resellers, partners, suppliers, and distributors. 
D) All of these.

Question 4

Core ERP components are the extra components that meet organizational needs not covered by the core components and primarily focus on external operations.

Accepted Answer

A) True 
 B)False

Question 5

Enterprise resource planning (ERP) integrates all departments and functions throughout an organization into a single MIS system (or integrated set of systems) so employees can make decisions by viewing enterprise wide information about all business operations.

Accepted Answer

A) True 
 B)False

Question 6

Production and materials management ERP components track employee information including payroll, benefits, compensation, and performance assessment and ensure compliance with all laws.

Accepted Answer

A) True 
 B)False

Question 7

Which component can help an organization determine such things as the identification of individuals who are likely to leave the company unless additional compensation or benefits are provided?

Accepted Answer

A) Accounting and finance components 
B) Production and managerial management components 
C) Human resource components 
D) Production and materials management components 
A) Accounting and finance components 
B) Production and managerial management components 
C) Human resource components 
D) Production and materials management components

Question 8

Describe the three primary components found in core enterprise resource planning.

Accepted Answer

Accounting and finance components-manage

Question 9

Describe the four primary components found in extended enterprise resource planning systems.

Accepted Answer

Business intelligence-describe informati

Question 10

Which of the following is a component ERP vendors offer to differentiate themselves in the marketplace?

Accepted Answer

A) Accounting 
B) CRM 
C) Sales 
D) Human resources 
A) Accounting 
B) CRM 
C) Sales 
D) Human resources

Question 11

Describe the primary users and primary business benefits of CRM, SCM, and ERP applications.

Accepted Answer

CRM applications' primary users are sale

Question 12

What are two of the primary features of ebusiness components?

Accepted Answer

A) Eprocurement 
B) Elogistics 
C) Eprocurement and elogistics 
D) None of these 
A) Eprocurement 
B) Elogistics 
C) Eprocurement and elogistics 
D) None of these

Question 13

Eprocurement is the business-to-business (B2B) online purchase and sale of supplies and services.

Accepted Answer

A) True 
 B)False

Question 14

Which application's primary business benefits include sales forecasts, sales strategies, and marketing campaigns?

Accepted Answer

A) CRM 
B) SCM 
C) ERP 
D) All of these 
A) CRM 
B) SCM 
C) ERP 
D) All of these

Question 15

Business intelligence is both a core and extended ERP component.

Accepted Answer

A) True 
 B)False

Question 16

Which component is a credit-management feature typically included in?

Accepted Answer

A) Accounting and finance components 
B) Production and managerial management components 
C) Human resource components 
D) Production and materials management components 
A) Accounting and finance components 
B) Production and managerial management components 
C) Human resource components 
D) Production and materials management components

Question 17

Describe the role information plays in enterprise resource planning systems.

Accepted Answer

The primary purpose of an ERP system is

Question 18

Which of the following will help an organization maintain consistent business operations?

Accepted Answer

A) Marketing, sales, and accounting departments decide to use the same vendor for a new system. 
B) Sales decides to implement a new system without considering other departments. 
C) A new office policy states that all managers can implement their own policies for purchasing supplies and materials. 
D) Marketing decides to save customer's email addresses in the marketing system, even though other organizational systems do not have this capability. 
A) Marketing, sales, and accounting departments decide to use the same vendor for a new system. 
B) Sales decides to implement a new system without considering other departments. 
C) A new office policy states that all managers can implement their own policies for purchasing supplies and materials. 
D) Marketing decides to save customer's email addresses in the marketing system, even though other organizational systems do not have this capability.

Question 19

Software customization modifies existing software according to the business's or user's requirements.

Accepted Answer

A) True 
 B)False

Question 20

Production and materials management ERP components handle production planning and execution tasks such as demand forecasting, production scheduling, job cost accounting, and quality control.

Accepted Answer

A) True 
 B)False

Exam 12: Integrating the Organization From End to End Enterprise Resource Planning

Which activities do accounting and finance components perform?

What is the key word in ERP?

Who are the primary users of ERP systems?

Core ERP components are the extra components that meet organizational needs not covered by the core components and primarily focus on external operations.

Enterprise resource planning (ERP) integrates all departments and functions throughout an organization into a single MIS system (or integrated set of systems) so employees can make decisions by viewing enterprise wide information about all business operations.

Production and materials management ERP components track employee information including payroll, benefits, compensation, and performance assessment and ensure compliance with all laws.

Which component can help an organization determine such things as the identification of individuals who are likely to leave the company unless additional compensation or benefits are provided?

Describe the three primary components found in core enterprise resource planning.

Describe the four primary components found in extended enterprise resource planning systems.

Which of the following is a component ERP vendors offer to differentiate themselves in the marketplace?

Describe the primary users and primary business benefits of CRM, SCM, and ERP applications.

What are two of the primary features of ebusiness components?

Eprocurement is the business-to-business (B2B) online purchase and sale of supplies and services.

Which application's primary business benefits include sales forecasts, sales strategies, and marketing campaigns?

Business intelligence is both a core and extended ERP component.

Which component is a credit-management feature typically included in?

Describe the role information plays in enterprise resource planning systems.

Which of the following will help an organization maintain consistent business operations?

Software customization modifies existing software according to the business's or user's requirements.

Production and materials management ERP components handle production planning and execution tasks such as demand forecasting, production scheduling, job cost accounting, and quality control.

Business Driven Technology

Identifying Competitive Advantages

Strategic Initiatives for Implementing Competitive Advantages

Measuring the Success of Strategic Initiatives

Organizational Structures That Support Strategic Initiatives

Valuing and Storing Organizational Information Databases

Accessing Organizational Information Data Warehouses

Understanding Big Data and Its Impact on Business

Enabling the Organization Decision Making

Extending the Organization Supply Chain Management

Building a Customer-Centric Organization Customer Relationship Management

Creating Innovative Organizations

E-business

Creating Collaborative Partnerships

Integrating Wireless Technology in Business

Developing Software to Streamline Operations

Methodologies for Supporting Agile Organizations

Managing Organizational Projects

B: Extension: A Business Basics

B: Extension: A Business Process

B: Extension: A Hardware and Software Basics

B: Extension: A Mis Infrastructures

B: Extension: A Networks and Telecommunications

B: Extension: A Information Security

B: Extension: A Ethics

B: Extension: A Operations Management

B: Extension: A Sustainable Mis Infrastructures

B: Extension: A Business Intelligence

B: Extension: A Global Information Systems

B: Extension: A Global Trends

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