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Exam 9: Enterprise Systems

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Question 31

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The recording of a sale and the creation of an accounts receivable entry indicating that a customer owes money for goods received is an example of ____________________ accounting.

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Question 32

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There are many software vendors who offer ____________________ versions of their ERP or CRM software at a low monthly rental rate.

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Question 33

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An ERP system ensures that the information needed for a single business function and all levels of management within that function is available.

Two years ago, Company Wilk implemented PeopleSoft HR (an ERP system) to replace several legacy systems.However, Wilk is still struggling to decommission its old legacy system.Why might this be?

The ERP system for a manufacturing organization typically excludes SCM activities from its scope.

SME organizations were the first to take on the challenge of implementing ERP.

When loading data into a new ERP system, ____________________ is required because legacy systems are likely to contain data that is inaccurate, incomplete, or inconsistent.

Many organizations have limited ____________________ among their TPS systems, which requires data entered into one TPS to be printed out and manually reentered into other systems.

When business transactions are accumulated over a period of time to be processed as a single unit, it is referred to as which of the following?

What is the name for a document that is sent by the supplier and matched to the original order, and, subsequently, a cheque is generated if all data is complete and consistent?

Implementation of an ERP system provides an organization with an opportunity to also upgrade its technology infrastructure.

What type of system will integrate the use and sharing of information across all areas of the business?

Some countries have passed laws limiting the ____________________ flow of data linked to individuals.

An important step in processing transaction data is to check data for validity and completeness, a task called data correction.

What is the name given to the work process improvement used by leading companies?

Customer relationship management software helps plan, execute, and control all the activities involved in raw material sourcing and procurement, the conversion of raw materials to finished products, and the warehousing and delivery of finished product to customers.

The traditional transaction processing systems that support the ____________________ business function include inventory control, purchase order processing, receiving, and accounts payable.

Which of the following is advisable during the implementation of an ERP system?

Which of the following is an outcome of a customer relationship management implementation?

Why do vendors' ERP systems often require customization?