Exam 2: Enterprise Systems

Generally, when processing a customer order, one does not need to know the total price of the goods before credit authorization can be made.

The first step in the purchase-to- pay process is ________________________________________.

Enterprise systems potentially integrate the business process functionality and information from all of an organization's functional areas.

The _______________________ approach combines modules from various vendors to create an information system that better meets an organization's needs than a standard ERP system.

Which of the following tracks a product from design, continuing through manufacture, and culminating with the disposal of the product at the end of its life?

Which of the following is usually not part of an ERP's core applications?

The existence of the customer record, including the _________________________, provides the basic authorization required to accept and record the customer order.

________________________________________ software builds and maintains an organization's customer-related database.

In an enterprise system, once a customer order is completed, the purchasing function would be immediately informed that the merchandise has been sold and may need to be replenished.

The first step in the order-to-cash process is ________________________________________.

The correct sequence of the three steps in the sales and distribution process are (1) order entry (2) shipment process and (3) billing process.

The module that handles internal accounting including cost center accounting, activity based accounting, and budgeting is _____________________________________________.

This provides a comprehensive method for integrating manual and automated internal processes, applications, and systems, as well as integration to external partners and services.

Primary activities of the value chain include

________________________________________ includes integration of business processes, applications, databases, and data standards such as EDI, and XML.

Telling the customer when the item will be received is known as ______________________________.

Business events are "pushed" immediately and simultaneously to all interested parties in _________________________ architecture

________________________________________ software manages the interactions with the organization's that supply the goods and services to an enterprise.

Edit order, record sales order, update inventory, notify warehouse is the sequence of events for entering a ______________________________.

List and describe the 6 steps in the order-to-cash process.