Question:* How many business functionalities can an ERP package handle?
Answer: • All
Question:* What is considered the “third generation of manufacturing software.”?
Answer: • ERP
Question:* Which of the following is NOT another name of ERP?
Answer: • Employee relationship plan
Question:* What is an information system that allows data to be shared throughout the organization called?
Answer: • Integrated
Question:* When the source code is made available to general public for use and modification, it is known as:
Answer: • Open Source
Question:* What does DBMS represent?
Answer: • Database Management System
Question:* True or False? A business "process" may involve activities from more than one business "functional area"
Answer: • True
Question:* Which area is the Financial Module responsible for?
Answer: • Cash Flow Management
Question:* What does ERP stand for?
Answer: • Enterprise Resource Planning
Question:* The technology used to manage organization's customers relationships is known as:
Answer: • CRM
Question:* Which is NOT a financial business function that is supported by ERP?
Answer: • Raising capital
Question:* Which factor is most important to consider when implementing an ERP application?
Answer: • Meets business strategy and requirements
Question:* In ERP, what does BI represent?
Answer: • Business Intelligence
Question:* What is a traditional business system also called?
Answer: • Legacy system
Question:* Which module in ERP system is used to manage manufacturing processes?
Answer: • Material Requirements Planning
Question:* Which area is Manufacturing and Production is a key function?
Answer: • Supply Chain Management
Question:* What would be a potential reason for an ERP software implementation to fail?
Answer: • All of these
Question:* Which is the first phase in ERP implementations?
Answer: • Understanding the problem
Question:* Which of the following is NOT a typical cost associated with ERP implementation?
Answer: • Leadership buy-in
Question:* How do we measure the numeric figures against performance measures?
Answer: • Key Performance Indicators
Question:* What is the terminlogy used for old systems?
Answer: • Legacy systems
Question:* Which of the following is NOT an advantage of ERP?
Answer: • Decentralized business data
Question:* All of the following describes an ERP system, EXCEPT:
Answer: • Decreases worker productivity and efficiency of processes
Question:* Which is NOT a critical success factor for successful implementation of ERP system
Answer: • Number of ERP application releases
Question:* What are most organizations implementing or planning to implement?
Answer: • Packaged software solutions
Question:* Which is correct about ERP?
Answer: • Automates and integrates the majority of business processes
Question:* Which of the following automates business process execution?
Answer: • Workflow
Question:* What system involves activities to enable transfer of products and services from supplier to customer?
Answer: • Supply Chain
Question:* What task should companies conduct before implementing ERPs?
Answer: • Feasibility study
Question:* What is the process of analyzing step by step program code and fixing any encountered problems called?
Answer: • Debugging
Question:* Who are the primary users of ERP systems?
Answer: • Accounting, Finance, Logistics and Production
Question:* What is BPR in an ERP system?
Answer: • Business Process Reengineering
Question:* What options in ERP allow businesses to customize the modules to meet their needs?
Answer: • Configuration
Question:* What does EDI stand for?
Answer: • Electronic Data Interchange
Question:* Which of the following is true of ERP?
Answer: • Requires intensive employee training
Question:* What are software, computers, procedures alongwith human resources used to store data in organization called?
Answer: • Information System
Question:* What does MRP stand for?
Answer: • Materials Requirements Planning
Question:* Which system in ERP includes risk management and access controls to promote corporate accountability?
Answer: • Governance Risk & Compliance
Question:* In an ERP environment, what does MDM mean?
Answer: • Master Data Management
Question:* All the following are major reasons why companies would undertake ERP, EXCEPT:
Answer: • Follow competitors IT strategy
Question:* All of the following are advantages of ERP, EXCEPT:
Answer: • Requires major changes in company and process to implement
Question:* Which technology is key to cloud computing?
Answer: • Virtualization
Question:* Which concept is used to validate that processes achieved in ERP are the best in the industry?
Answer: • Benchmarking
Question:* In order for an ERP implementation to be successful, all the following must be completed successfully, EXCEPT
Answer: • Continue using same processes
Question:* Which is TRUE about Enterprise Resource Planning (ERP)?
Answer: • An advanced MRP II system that ties-in customers and suppliers
Question:* ERP systems integrate all business management functions but does NOT include:
Answer: • Process improvement
Question:* What is the direct computer-to-computer exchange of standard business document known as?
Answer: • EDI
Question:* Which is a common mistake that companies resort to when selecting an ERP system?
Answer: • Over-emphasis on system cost
Question:* What is the technology that is used to publish content to the web and collaborate under a single server?
Answer: • Sharepoint
Question:* SaaS (Software as a Service) is also referred to as:
Answer: • On Demand Software
Question:* What is the terminology used to understand the present business situation?
Answer: • As Is
Question:* What is the main drawback of legacy systems?
Answer: • No integration
Question:* What is at the heart of any ERP system?
Answer: • Database
Question:* What is the most important step of an ERP implementation?
Answer: • Gap analysis
Question:* In which of the following are phase roles identified and responsibilities assigned?
Answer: • Project planning
Question:* The ability to view detailed source documents from the summary reports is known as:
Answer: • Drilling
Question:* What is the term for a broad category of applications and technologies that enable gathering, storing, analyzing and providing access to data to help users make informed decisions?
Answer: • Business Intelligence
Question:* Which of the folowing extensions is used by Oracle Reports Files?
Answer: • RDF
Question:* What module is not typical in ERP applications
Answer: • Marketing
Question:* What is the type of backup which is taken while the Oracle database is still up and running and in archive log mode?
Answer: • Hot Backup
Question:* Which of the following are tasks involved during 'Execution' phase of ERP implementation?
Answer: • Document the new procedures
Question:* ERP systems have been traditionally been an on premise installation. In what other technology form are they also available as?
Answer: • Cloud computing
Question:* All of the following are disadvantages of an ERP system, EXCEPT:
Answer: • Data security is compromised
Question:* What does SAP represent?
Answer: • Systems Applications and Products in Data Processing
Question:* What is the strategy of package evaluation?
Answer: • Do it right the first time
Question:* Which technology is used in building SAP R/3?
Answer: • Client Server Technology
Question:* What does ETL mean in data warehousing?
Answer: • Extract Transform Load
Question:* True or False? The benefit of an MRP system depends on the ability to have large amounts of unorganized information readily accessible
Answer: • False
Question:* What phase is data conversion done?
Answer: • Go-live
Question:* What does the R in SAP R3 represent?
Answer: • Real Time
Question:* True or False? The "Big bang" approach in ERP implementations is essentially rolling out the project in phases, vs.. do it all at once
Answer: • False
Question:* When Table in source system records changes to a replication table, it is known as a:
Answer: • Logging Table
Question:* When all modules are implemented at all locations at the same time, it is called:
Answer: • Big Bang
Question:* What is the first activity in ERP projects?
Answer: • Business modeling
Question:* What is ERP system nervousness?
Answer: • How a system reacts to changes
Question:* What is a common criticism on organizations looking to implement ERPs?
Answer: • Doesn’t allow for decisions and databases from all parts of the organization to be integrated
Question:* Which phase is the most difficult during an ERP implementation?
Answer: • Executing work
Question:* Which one of the following is the most critical step to create first in an ERP implementation?
Answer: • Integrated data model
Question:* Technology that involves a large number of computers connected through a communication network such as the Internet is called as:
Answer: • Cloud Computing
Question:* Which of the following is an advantage of using open source ERP software?
Answer: • Security
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