Question 1

Key-indicator reports shows data at a greater level of detail.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following is false?

Accepted Answer

A)   Inventory management determines how much inventory to order.
B)   Large companies allow their vendors to manage their inventory.
C)   The POM function within an organization monitors sales.
D)   Quality control used by manufacturing units uses metrics.
E)   Computer systems are used to integrate all aspects of product design.

Question 3

Drill down reports are produced at scheduled intervals.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following is not a process within an information system for Accounting and Finance?

Accepted Answer

A)   Budgeting
B)   Managing Currencies
C)   Inventory management
D)   Auditing
E)   Expense management

Question 5

_____ reports are produced at scheduled intervals.

Accepted Answer

A)   Ad hoc
B)   Routine
C)   Exception
D)   Detailed
E)   Key indicator

Question 6

Airgas improved its efficiencies by using SAP, which is a customer relationship management system.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following is true?

Accepted Answer

A)   Implementing an ERP system will maintain a competitive advantage.
B)   Implementing an ERP system will allow a company to operate faster than their competition.
C)   The IT costs of an ERP implementation goes down over time.
D)   Customizing an ERP system is permitted.
E)   The benefits of an ERP implementation go down over time.

Question 8

Enterprise resource management is an enterprise-wide effort to acquire and retain customers.

Accepted Answer

A) True 
 B)False

Question 9

Explain how information systems for accounting and finance support an organization.

Accepted Answer

Information systems for accounting and f...

Question 10

Discuss the reasons why ERP systems evolved and what organizations hope to gain by implementing them.

Accepted Answer

ERP systems have evolved over time due t...

Question 11

A company that implements an ERP system must reworking their business processes to meet the procedures established by their ERP systems to gain significant benefits.

Accepted Answer

A) True 
 B)False

Question 12

To effectively manage by exception (i.e., use exception reports) , the company must first create:

Accepted Answer

A)   performance standards
B)   best practices
C)   user information requirements
D)   a database
E)   employee evaluation guides

Question 13

Which of the following is false about ERP II systems?

Accepted Answer

A)   They utilize the Web.
B)   They include human resources processes.
C)   Functionality is delivered as e-business suites.
D)   They support internal- facing applications as well as external-facing applications.
E)   These ERP systems have no optional modules.

Question 14

Exception reports show a greater level of detail than is included in routine reports.

Accepted Answer

A) True 
 B)False

Question 15

The functional area information systems are the most fundamental information systems in the organization.

Accepted Answer

A) True 
 B)False

Question 16

Refer to Opening Case - Is Baseball a Science?: Which of the following is false?

Accepted Answer

A)   Standards are being developed for baseball fielding metrics.
B)   Fielding metrics will eliminate the need for specialized coaches.
C)   Motion-capture software can be used to determine where a fielder was standing when a ball is hit.
D)   Data collected by the motion-capture software can be used to identify fielders that have fast reaction times.
E)   Fielding metrics can be used to evaluate players.

Question 17

Greg is mowing lawns in the neighborhood for the summer. Which type of report would he used to see which if a particular client still owe him money?

Accepted Answer

A)   Ad hoc
B)   Routine
C)   Exception
D)   Detailed
E)   Key indicator

Question 18

Enterprise resource planning systems are very _____ software products, meaning that companies typically have to change their _____ to accommodate how the software functions.

Accepted Answer

A)   unstructured, business processes
B)   structured, reporting relationships
C)   structured, accounting processes
D)   unstructured, inventory control
E)   structured, business processes

Question 19

Define enterprise resource planning systems and discuss why they were developed.

Accepted Answer

Enterprise resource planning (ERP) syste...

Question 20

Business transactions that are processed as they occur is an example of

Accepted Answer

A)   batch processing
B)   source data automation
C)   OLTP
D)   TPS
E)   ESS.

Exam 10: Information Systems Within the Organization

Airgas improved its efficiencies by using SAP, which is a customer relationship management system.

Correct AnswerverifiedShow Answer

Drill down reports are produced at scheduled intervals.

Correct AnswerverifiedShow Answer

Define enterprise resource planning systems and discuss why they were developed.

Correct AnswerAnswered by ExamLex AIEnterprise resource planning (ERP) syste...View AnswerShow Answer

To effectively manage by exception (i.e., use exception reports) , the company must first create:

Correct AnswerverifiedShow Answer

Exception reports show a greater level of detail than is included in routine reports.

Correct AnswerverifiedShow Answer

Refer to Opening Case - Is Baseball a Science?: Which of the following is false?

Correct AnswerverifiedShow Answer

Enterprise resource management is an enterprise-wide effort to acquire and retain customers.

Correct AnswerverifiedShow Answer

Greg is mowing lawns in the neighborhood for the summer. Which type of report would he used to see which if a particular client still owe him money?

Correct AnswerverifiedShow Answer

Explain how information systems for accounting and finance support an organization.

Correct AnswerAnswered by ExamLex AIInformation systems for accounting and f...View AnswerShow Answer

Which of the following is false about ERP II systems?

Correct AnswerverifiedShow Answer

The functional area information systems are the most fundamental information systems in the organization.

Correct AnswerverifiedShow Answer

Which of the following is not a process within an information system for Accounting and Finance?

Correct AnswerverifiedShow Answer

Key-indicator reports shows data at a greater level of detail.

Correct AnswerverifiedShow Answer

_____ reports are produced at scheduled intervals.

Correct AnswerverifiedShow Answer

A company that implements an ERP system must reworking their business processes to meet the procedures established by their ERP systems to gain significant benefits.

Correct AnswerverifiedShow Answer

Enterprise resource planning systems are very _____ software products, meaning that companies typically have to change their _____ to accommodate how the software functions.

Correct AnswerverifiedShow Answer

Which of the following is true?

Correct AnswerverifiedShow Answer

Discuss the reasons why ERP systems evolved and what organizations hope to gain by implementing them.

Correct AnswerAnswered by ExamLex AIERP systems have evolved over time due t...View AnswerShow Answer

Business transactions that are processed as they occur is an example of

Correct AnswerverifiedShow Answer

Which of the following is false?

Correct AnswerverifiedShow Answer

Correct Answer
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Correct Answer
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Correct Answer
Answered by ExamLex AI
Enterprise resource planning (ERP) syste...
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
Answered by ExamLex AI
Information systems for accounting and f...
View Answer

Correct Answer
verified

Correct Answer
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Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Enterprise resource planning systems are very _ software products, meaning that companies typically have to change their _ to accommodate how the software functions.

Correct Answer
verified

Correct Answer
verified

Correct Answer
Answered by ExamLex AI
ERP systems have evolved over time due t...
View Answer

Correct Answer
verified

Correct Answer
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