Which concept is used to validate that processes achieved in ERP are the best in the industry?
Localization
Benchmarking
Success Rate
Standardization
Which of the following automates business process execution?
Wizard
Flowchart
Workflow
Swimlane
What is a traditional business system also called?
Advanced system
Effective system
Modern system
Legacy system
Which factor is most important to consider when implementing an ERP application?
Meets business
strategy and requirements
Consulting partner to implement
Training requirements
Find the lowest cost ERP application
What would be a potential reason for an ERP software implementation to fail?
People issues
All of these
Hardware Issues
Software issues
How do we measure the numeric figures against performance measures?
Annual Reports
Key Performance
Indicators
Statutory Reports
Stakeholders Review
Which area is Manufacturing and Production is a key function?
Marketing and Sales
Human Resources
Finance
Accounting and Finance
Supply Chain
Management
Which area is the Financial Module responsible for?
Define Strategy Group
Create Purchase Order
Cash Flow
Management
Product Planning
When the source code is made available to general public for use and modification, it is known as:
Open Source
Flexible Code
Support Code
Closed Source
Which is NOT a financial business function that is supported by ERP?
Accounts Receivable
Raising capital
General ledger
Accounts payable
The technology used to manage organization's customers relationships is known as:
ERP
CRM
SCM
LAN
What does ERP stand for?
Enterprise Review Planning
Extra Resource Planning
Enterprise Report Planning
Enterprise
Resource Planning
What does DBMS represent?
Database
Management System
Duplicate Billing Management System
Database Material System
Database Movement System
In ERP, what does BI represent?
Business
Intelligence
Buyer Information
Budget Information
Business Installation
Which module in ERP system is used to manage manufacturing processes?
Sales and Distribution
Material
Requirements Planning
Human Capital
Transportation
Which is the first phase in ERP implementations?
Executing the work
Defining solutions
Going live
Understanding
the problem
True or False? A business "process" may involve activities from more than one business "functional area"
False
True
Which is correct about ERP?
Existed for over a decade
Does not integrate well with functional areas
Inexpensive to implement
Automates and
integrates the majority of business processes
Which of the following is NOT a typical cost associated with ERP implementation?
Process rework
Integration and Testing
Leadership
buy-in
Consulting fees
All of the following describes an ERP system, EXCEPT:
Enable people in different business areas to
communicate
Provides foundation for collaboration between
departments
Decreases worker
productivity and efficiency of processes
Widely adopted in large organizations to store
critical knowledge used to make decisions that drive organization performance
What is the terminlogy used for old systems?
Legacy systems
Heritage systems
Preceding systems
Previous systems
What are most organizations implementing or planning to implement?
Complex software
Packaged
software solutions
Separate software solutions
Simple software
What is an information system that allows data to be shared throughout the organization called?
Unrestricted
Integrated
Unintegrated
Bounded
What system involves activities to enable transfer of products and services from supplier to customer?
Customer Relationship
Transport
Movement
Supply Chain
Which of the following is NOT an advantage of ERP?
Sales forecasting, which allows inventory
optimization
Revenue tracking, from invoice through cash receipt
Order tracking, from acceptance through fulfillment
Decentralized
business data
Which of the following is NOT another name of ERP?
Material requirement planning (MRP)
Integrated Enterprise system
Enterprise system
Employee
relationship plan
What task should companies conduct before implementing ERPs?
Survey
Test
Case study
Feasibility
study
What is the process of analyzing step by step program code and fixing any encountered problems called?
Debugging
Reviewing
Scoping
Testing
Which is NOT a critical success factor for successful implementation of ERP system
User training
Competence of ERP staff
Number of ERP
application releases
Top management support
Who are the primary users of ERP systems?
Sales, marketing, customer service
Accounting,
Finance, Logistics and Production
Customers, resellers, partners, suppliers, and
distributors
What is BPR in an ERP system?
Business Process
Reengineering
Business Policies Reframing
Business Procedure Reengineering
Budget Proposal Reporting
Which of the following is true of ERP?
Non time consuming
Low maintenance cost
Requires
intensive employee training
Low start up cost
What does EDI stand for?
Enormous Data Interchange
Electronic Data
Interchange
External Data Interface
Environmental Data Interchange
What options in ERP allow businesses to customize the modules to meet their needs?
Optional
Configuration
Processing
Modularity
Which system in ERP includes risk management and access controls to promote corporate accountability?
Manager Self Service
Accounting & Auditing
High Performing Asset
Governance Risk
& Compliance
In an ERP environment, what does MDM mean?
Middle Data Measurement
Master Data
Management
Most Data Management
Measurable Data Management
All of the following are advantages of ERP, EXCEPT:
Creates commonality of databases
Increases communications and collaboration
worldwide
Helps integrate multiple sites and business units
Requires major
changes in company and process to implement
All the following are major reasons why companies would undertake ERP, EXCEPT:
Integrate financial data
Standardize HR information
Standardize manufacturing processes
Follow
competitors IT strategy
What are software, computers, procedures alongwith human resources used to store data in organization called?
Information
System
CPU
Data Maintenance
Processing System
What does MRP stand for?
Masters Resources Production
Materials
Requirements Planning
Manufacturing Resource Planning
Management Reaction Planning
Which is TRUE about Enterprise Resource Planning (ERP)?
Not related to MRP
Severely limited by current MRP computer systems
Not currently practical
An advanced MRP
II system that ties-in customers and suppliers
In order for an ERP implementation to be successful, all the following must be completed successfully, EXCEPT
Continue using
same processes
Change Management activities
Test the application
Project management in every phase
Which technology is key to cloud computing?
Virtualization
ERP
Standardization
Microsoft
What is considered the “third generation of manufacturing software.”?
MRP
ERP
MRP II
Y2K
ERP systems integrate all business management functions but does NOT include:
Accounting and finance
Human resources
Process
improvement
Inventory/materials management
Planning
Which is a common mistake that companies resort to when selecting an ERP system?
Complete set of requirements
Non biased selection
Not replying on vendor demos
Over-emphasis on
system cost
What is the direct computer-to-computer exchange of standard business document known as?
EDI
MRP
Workflow
Email
What is the technology that is used to publish content to the web and collaborate under a single server?
Sharepoint
Server
ERP
Interface
What is the terminology used to understand the present business situation?
Current
As Is
Now
Present
What is at the heart of any ERP system?
Information
Employees
Database
Customers
What is the most important step of an ERP implementation?
Gap analysis
Training
Installing
Testing
What is the main drawback of legacy systems?
More modules
No integration
Less effectiveness
High cost
SaaS (Software as a Service) is also referred to as:
On Demand
Software
Cloud Software
In House Software
IBM Software
In which of the following are phase roles identified and responsibilities assigned?
Configuration
Reengineering
Gap analysis
Project planning
What is the type of backup which is taken while the Oracle database is still up and running and in archive log mode?
Hot Backup
Archiving
Cold Backup
Restore
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?
Multiple Data Management
ERP
Business
Intelligence
Middle Data Measurement
The ability to view detailed source documents from the summary reports is known as:
Drilling
Boring
Data Mining
Expansion
Which of the folowing extensions is used by Oracle Reports Files?
PDF
RDF
CSV
SQL
ERP systems have been traditionally been an on premise installation. In what other technology form are they also available as?
Everything as a service
Cloud computing
Service-oriented architecture
Business process as a Service
What module is not typical in ERP applications
Marketing
Project Management
Finance
Customer Relationship Management
Which of the following are tasks involved during 'Execution' phase of ERP implementation?
Document the new
procedures
Analyze existing system
Analyze the system
Identify roles
What is the strategy of package evaluation?
Accept with error
Take it as a trial
Do it right the
first time
Trial and error
What does SAP represent?
Software Assisted Products
Systematic Application Products
Software and Application Products in Data
Warehousing
Systems
Applications and Products in Data Processing
Which technology is used in building SAP R/3?
Cloud Computing Technology
Mainframe Technology
Client Server
Technology
Wide Area Network
All of the following are disadvantages of an ERP system, EXCEPT:
Overcoming resistance to sharing sensitive business
information
Data security is
compromised
Extensive training is required
Customizations can be problematic
True or False? The "Big bang" approach in ERP implementations is essentially rolling out the project in phases, vs.. do it all at once
False
True
What does ETL mean in data warehousing?
Expected Total Lines
Extract
Transform Load
Extract True Load
Expected Total Load
True or False? The benefit of an MRP system depends on the ability to have large amounts of unorganized information readily accessible
False
True
When all modules are implemented at all locations at the same time, it is called:
Parallel Approach
Phased Approach
Big Bang
Wave Approach
What phase is data conversion done?
Configuration
Go-live
Testing
Training
What does the R in SAP R3 represent?
Release
Report
Robust
Real Time
When Table in source system records changes to a replication table, it is known as a:
Logging Table
Archiving Table
Recording Table
Table to Table
What is the first activity in ERP projects?
Business
modeling
Analysis
Testing
Implementation
What is ERP system nervousness?
How a system
reacts to changes
Defects associated in testing
Reaction of user population to use new ERP system
Inability to meet business requirements
What is a common criticism on organizations looking to implement ERPs?
Implementation is expensive
Doesn’t allow
for decisions and databases from all parts of the organization to be integrated
It can have a disruptive effect on the
organizations operations
Effect on business is disappointing
Which one of the following is the most critical step to create first in an ERP implementation?
Business model
Integrated data
model
Data model
Organizational model
Which phase is the most difficult during an ERP implementation?
Going live
Post implementation support
Configuration
Executing work
Technology that involves a large number of computers connected through a communication network such as the Internet is called as:
Wide Area Network
Cloud Computing
Distributed Network
Distributed Systems
What is one of the most important things to do at the planning phase?
Define the top management team
Install the software
Define user
roles and activities
Define the goals of the project
Pay for the project
Which of the following is an advantage of using open source ERP software?
Scalability
Cost
Agility
Security
