Question 1

What is the nature of the architecture used to create SAP's products?

Accepted Answer

C

Question 2

Which of the following is an example of a supply chain activity?

Accepted Answer

Procurement is an example of a supply chain activity because it involves the purchasing of raw materials, goods, and services from suppliers in order to produce finished products. Scheduling, sales prospecting, and cash management are not directly related to the procurement process.

Question 3

Which of the following sentences about the impact of ERP on small organizations is true?

Accepted Answer

Smaller, simpler ERP solutions are often adopted by small companies due to their limited resources and need for cost-effective, manageable systems.

Question 4

Which of the following should be considered while implementing the ERP application?

Accepted Answer

The answer of Which of the following should be considered...

Question 5

Which of the following is true about ERP databases?

Accepted Answer

The answer of Which of the following is true about...

Question 6

A trigger is a(n)________.

Accepted Answer

A trigger is a computer program stored within the database that runs automatically to maintain consistency when specific conditions are met, such as insertions, updates, or deletions.

Question 7

Which of the following sentences about the effect of ERP on midsized organizations is true?

Accepted Answer

The answer of Which of the following sentences about the...

Question 8

________ is a suite of applications,called modules;a database;and a set of inherent processes for consolidating business operations into a single,consistent,computing platform.

Accepted Answer

The description matches the features of an enterprise resource planning (ERP) system, which includes multiple modules, a database, and standardized processes to streamline business operations. CRM, warehouse management, and supply chain management systems may have some overlapping features with ERP, but they are more focused on specific functions rather than providing an all-in-one solution.

Question 9

For a product to be considered a true ERP product,it must include applications that integrate manufacturing activities such as ________.

Accepted Answer

The answer of For a product to be considered a...

Question 10

Maintaining a general ledger is an example of a(n)________ activity.

Accepted Answer

Maintaining a general ledger is part of the accounting process, which involves recording, summarizing, and analyzing financial transactions of a business.

Question 11

Payroll,time,and attendance are examples of ________.

Accepted Answer

Payroll, time, and attendance are all activities that fall under the umbrella of human resources. Manufacturing activities involve the production of goods, CRM activities involve customer relationship management, and accounting activities involve financial record-keeping and analysis.

Question 12

Which of the following is the topmost ranked ERP vendor?

Accepted Answer

SAP is currently the topmost ranked ERP vendor according to Gartner's Magic Quadrant for ERP. It has consistently held the top spot for several years and is known for its comprehensive suite of ERP modules and extensive global reach.

Question 13

Which of the following factors forms a major point of difference between companies of different sizes,in terms of ERP?

Accepted Answer

The answer of Which of the following factors forms a...

Question 14

Which of the following stands true for ERP application programs?

Accepted Answer

Custom programming of ERP application programs is expensive both initially and in long-term maintenance. It is because ERP systems are complex and require significant effort to customize them to meet an organization's specific needs. This customization requires specialized skills and resources, which can be costly both upfront and over time. Choices A and D are incorrect as an ERP application program does not contain a company's operational data, and development teams do not have to change the program code to meet varying customer requirements. Choice B is also incorrect as there are limits to how much configuration can be done in an ERP application program.

Question 15

An ERP system is an information system based on ERP technology.

Accepted Answer

An ERP system is a software system that is designed to manage and integrate various business operations, such as production planning, inventory management, and financial management, into a single system. This is achieved through the use of ERP technology, which includes various software modules that are designed to automate and streamline business processes.

Question 16

As an element of an ERP solution,supply chain includes scheduling,capacity planning,quality control,bill of materials,and related activities.

Accepted Answer

The answer of As an element of an ERP solution,supply...

Question 17

The products of which of the following ERP vendors cost the least?

Accepted Answer

Epicor is generally considered to be a more affordable option compared to SAP, Oracle, and Microsoft Dynamics. However, the cost of ERP software also depends on the specific needs and requirements of the business, so it's important to compare pricing and features carefully before making a decision.

Question 18

Which of the following statements is true of Oracle's ERP products?

Accepted Answer

The answer of Which of the following statements is true...

Question 19

CRM,as an application that must be included in a true ERP product,includes ________.

Accepted Answer

CRM (Customer Relationship Management) is a strategy for managing interactions with customers and prospects, and as such, it includes sales prospecting. The other options (quality control, commission calculations, and supplier management) are not directly related to CRM.

Question 20

What is a stored procedure?

Accepted Answer

The answer of What is a stored procedure?
...

Quiz 24: Enterprise Resource Planning (ERP)Systems