A) Configuring the business processes to conform to the functionality of the IT system
B) Configuring the IT system to the business process for best processing speed
C) Matching the IT and business processes to achieve the greatest mutual benefit from each
D) Configuring both IT and business processes to meet the goals of ERP
Correct Answer
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Multiple Choice
A) Increased efficiency
B) Increased need for data storage within functional areas
C) Increased customer service capability
D) Increased data sharing across functional areas
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Multiple Choice
A) Increasing productivity
B) Reducing inventory quantities
C) Sharing information
D) Reducing investments
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Multiple Choice
A) Big bang
B) Location-wise
C) Progressive
D) Modular
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Multiple Choice
A) The risks of implementing and operating ERP systems are nearly identical to the risks of implementing and operating IT systems.
B) The risks of operating and implementing ERP systems are greater than the risks of implementing and operating IT systems, due to the scope, size, and complexity of ERP systems.
C) The risks of implementing ERP systems are greater than the risks of implementing IT systems, but the operating risks are nearly identical.
D) The risks of operating ERP systems are greater than the risks of operating IT systems, but the implementation risks are nearly identical.
Correct Answer
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Multiple Choice
A) One database for each module associated with the organization's sales, inventory, human resources, etc.
B) One database for manufacturing, one database for sales, one database for administrative, and one database for design and research
C) One database which contains all data items associated with the organization
D) Relational databases for interactive queries between modules and departments
Correct Answer
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Multiple Choice
A) Y2K compliance concerns
B) The need for better customer service
C) Multi-national sites of operation
D) Compliance with the Sarbanes-Oxley Act
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Multiple Choice
A) SAP R/3
B) Oracle Applications
C) People
D) mySAP
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Multiple Choice
A) Talent management
B) Workforce process management
C) Workforce development
D) Workforce termination management
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Multiple Choice
A) Microsoft
B) PeopleSoft
C) SAP
D) IBM
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Multiple Choice
A) SAP
B) Oracle
C) Hyperion
D) Micro
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Multiple Choice
A) Report on purchase orders created after the invoice date
B) Blocked invoice Report
C) Requisition Invoice Report
D) Purchase Order Transcription Report
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Multiple Choice
A) The need for Sarbanes-Oxley compliance
B) Globalization and increased competitive pressures
C) The need for earnings management
D) The need for customer service enhancements
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Multiple Choice
A) Update both accounts receivable and inventory when purchased goods are received from a vendor.
B) Update both accounts payable and accounts receivable when inventory purchased from a vendor is received.
C) Update both accounts payable and sales when purchased goods are received from a vendor.
D) Update both accounts payable and inventory when purchased goods are received from a vendor.
Correct Answer
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Multiple Choice
A) Will buy one integrated system to accomplish all business processes
B) Implements all modules and all function areas of the ERP system at one time
C) Commences training and data cleansing throughout the organization on one date
D) Implements the business process reengineering process on a predetermined date
Correct Answer
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Multiple Choice
A) The strength of SAP is its human resources capabilities.
B) The strength of PeopleSoft is its manufacturing capabilities.
C) The strength of SAP is its financial reporting capabilities.
D) The strength of PeopleSoft is its human resources capabilities.
Correct Answer
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Multiple Choice
A) SAP R/3
B) Oracle Applications
C) People
D) mySAP
Correct Answer
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Multiple Choice
A) The evolution of Customer Relationship Management (CRM) into Supply Chain Management (SCM)
B) The evolution of ERP systems into ERP II systems
C) The evolution of Electronic Data Interchange (EDI) into ERP II systems
D) None of the above
Correct Answer
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Multiple Choice
A) Fraud due to inappropriate transaction recording is eliminated.
B) Employee IDs, passwords, and segregated duties aid in internal control measures.
C) Audit trails are not necessary due to ID and password security concepts.
D) All of the answers are correct answers.
Correct Answer
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Multiple Choice
A) Financial analysis
B) Strategic enterprise management
C) Project portfolio management
D) Workforce analysis
Correct Answer
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