Question 1

The implementation of an ERP creates an environment with a single point of failure,which places the organization at risk.

Accepted Answer

A) True 
 B)False

Question 2

Legacy systems are

Accepted Answer

A)  old manual systems that are still in place. 
B)  flat file mainframe systems developed before client-server computing became standard. 
C)  stable database systems after debugging. 
D)  advanced systems without a data warehouse. 
A)  old manual systems that are still in place. 
B)  flat file mainframe systems developed before client-server computing became standard. 
C)  stable database systems after debugging. 
D)  advanced systems without a data warehouse.

Question 3

A data warehouse is a relational or multi-dimensional database that may require hundreds of gigabytes of storage.

Accepted Answer

A) True 
 B)False

Question 4

Describe the three-tier client server model.

Accepted Answer

The database and application functions a

Question 5

What should management do to assess the potential benefits from implementing an ERP?

Accepted Answer

To assess benefits,management first need

Question 6

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

Accepted Answer

One of the key procedures performed by t

Question 7

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 8

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

Accepted Answer

A) True 
 B)False

Question 9

The setup of a data warehouse includes

Accepted Answer

A)  modeling the data 
B)  extracting data from operational databases 
C)  cleansing the data 
D)  all of the above 
A)  modeling the data 
B)  extracting data from operational databases 
C)  cleansing the data 
D)  all of the above

Question 10

Why must an organization expect the implementation of an ERP to disrupt operations?

Accepted Answer

Successful implementation of an ERP requ

Question 11

Auditors of ERP systems

Accepted Answer

A)  need not worry about segregation of duties. 
B)  may feel that the data warehouse is too clean and free from errors. 
C)  find independent verification easy. 
D)  need not worry about system access since the ERP determines it. 
A)  need not worry about segregation of duties. 
B)  may feel that the data warehouse is too clean and free from errors. 
C)  find independent verification easy. 
D)  need not worry about system access since the ERP determines it.

Question 12

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 13

The role model assigns specific access privileges directly to individuals.

Accepted Answer

A) True 
 B)False

Question 14

How is the access control list approach different from RBAC?

Accepted Answer

The access control list approach assigns

Question 15

Distinguish between the two-tier and three-tier client server model.Describe when each would be used?

Accepted Answer

In a two-tier architecture,the server ha

Question 16

Companies are more likely to modify an ERP to accommodate the company than to modify company processes to accommodate the ERP.

Accepted Answer

A) True 
 B)False

Question 17

Define OLAP and give some examples.

Accepted Answer

On-line analytical processing (OLAP)incl

Question 18

OLAP includes decision support,modeling,information retrieval,and what-if analysis.

Accepted Answer

A) True 
 B)False

Question 19

Data entered into the data warehouse must be normalized.

Accepted Answer

A) True 
 B)False

Question 20

On-line transaction processing programs

Accepted Answer

A)  are bolt-on programs used with commercially available ERPs. 
B)  are available in two models-two-tier and three-tier. 
C)  handle large numbers of relatively simple transactions. 
D)  allow users to analyze complex data relationships. 
A)  are bolt-on programs used with commercially available ERPs. 
B)  are available in two models-two-tier and three-tier. 
C)  handle large numbers of relatively simple transactions. 
D)  allow users to analyze complex data relationships.

The implementation of an ERP creates an environment with a single point of failure,which places the organization at risk.

Legacy systems are

A data warehouse is a relational or multi-dimensional database that may require hundreds of gigabytes of storage.

Describe the three-tier client server model.

What should management do to assess the potential benefits from implementing an ERP?

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

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

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

The setup of a data warehouse includes

Why must an organization expect the implementation of an ERP to disrupt operations?

Auditors of ERP systems

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

The role model assigns specific access privileges directly to individuals.

How is the access control list approach different from RBAC?

Distinguish between the two-tier and three-tier client server model.Describe when each would be used?

Companies are more likely to modify an ERP to accommodate the company than to modify company processes to accommodate the ERP.

Define OLAP and give some examples.

OLAP includes decision support,modeling,information retrieval,and what-if analysis.

Data entered into the data warehouse must be normalized.

On-line transaction processing programs

The Information System: an Accountants 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 Part I: Sarbanes-Oxley and It Governance

IT Controls Part II: Security and Access

IT Controls Part III: Systems Development, program Changes, and Application Controls

Filters

Exam 11: Enterprise Resource Planning Systems

The implementation of an ERP creates an environment with a single point of failure,which places the organization at risk.

Legacy systems are

A data warehouse is a relational or multi-dimensional database that may require hundreds of gigabytes of storage.

Describe the three-tier client server model.

What should management do to assess the potential benefits from implementing an ERP?

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

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

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

The setup of a data warehouse includes

Why must an organization expect the implementation of an ERP to disrupt operations?

Auditors of ERP systems

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

The role model assigns specific access privileges directly to individuals.

How is the access control list approach different from RBAC?

Distinguish between the two-tier and three-tier client server model.Describe when each would be used?

Companies are more likely to modify an ERP to accommodate the company than to modify company processes to accommodate the ERP.

Define OLAP and give some examples.

OLAP includes decision support,modeling,information retrieval,and what-if analysis.

Data entered into the data warehouse must be normalized.

On-line transaction processing programs

The Information System: an Accountants 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 Part I: Sarbanes-Oxley and It Governance

IT Controls Part II: Security and Access

IT Controls Part III: Systems Development, program Changes, and Application Controls

Filters