Filters
Question type

Study Flashcards

Which application's primary business benefits include market demand, resource and capacity constraints, and real-time scheduling?


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

E) None of the above
F) B) and C)

Correct Answer

verifed

verified

In the past, departments made decisions independent of each other.

A) True
B) False

Correct Answer

verifed

verified

Which application's primary business benefits include forecasting, planning, purchasing, material management, warehousing, inventory, and distribution?


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

E) A) and D)
F) None of the above

Correct Answer

verifed

verified

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

A) True
B) False

Correct Answer

verifed

verified

Who are the primary users of ERP systems?


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

E) B) and C)
F) None of the above

Correct Answer

verifed

verified

What is at the heart of any ERP system?


A) Information
B) Employees
C) Customers
D) Database

E) A) and B)
F) A) and C)

Correct Answer

verifed

verified

Which ebusiness component manages the transportation and storage of goods?


A) Software customization
B) Data integration
C) Elogistics
D) Eprocurement

E) B) and C)
F) B) and D)

Correct Answer

verifed

verified

What modifies existing software according to the business's or user's requirements?


A) Software customization
B) Data integration
C) Elogistics
D) Eprocurement

E) B) and C)
F) A) and B)

Correct Answer

verifed

verified

Which activities do production and materials management components perform?


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

E) All of the above
F) A) and B)

Correct Answer

verifed

verified

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

A) True
B) False

Correct Answer

verifed

verified

Which of the following is not one of the three most common core ERP components focusing on internal operations?


A) Accounting and finance
B) Production and materials management
C) Business intelligence
D) Human resources

E) All of the above
F) B) and C)

Correct Answer

verifed

verified

Elogistics manages the transportation and storage of goods.

A) True
B) False

Correct Answer

verifed

verified

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

A) True
B) False

Correct Answer

verifed

verified

False

Balanced scorecard is a management system, as well as a measurement system, that a firm uses to translate business strategies into executable tasks.

A) True
B) False

Correct Answer

verifed

verified

Which activities do accounting and finance components perform?


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

E) C) and D)
F) B) and C)

Correct Answer

verifed

verified

C

Core ERP components are the traditional components included in most ERP systems and primarily focus on internal operations.

A) True
B) False

Correct Answer

verifed

verified

Which of the following is an extended ERP component?


A) Business intelligence
B) Ebusiness
C) Customer relationship management
D) All of these

E) None of the above
F) C) and D)

Correct Answer

verifed

verified

What are the primary features of ebusiness components?


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

E) A) and B)
F) None of the above

Correct Answer

verifed

verified

C

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?


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

E) A) and B)
F) C) and D)

Correct Answer

verifed

verified

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

Correct Answer

verifed

verified

Accounting and finance components-manage...

View Answer

Showing 1 - 20 of 49

Related Exams

Show Answer