Question 1

In the supply chain,____ is the process responsible for choosing the suppliers and establishing the contract terms to provide the raw materials needed to create your product and deliver them to your manufacturing locations.

Accepted Answer

Sourcing is the process of selecting and evaluating potential suppliers, negotiating contracts and terms, and ultimately acquiring the raw materials needed for production. It is a critical component of the supply chain as it directly affects the cost, quality, and reliability of the products being manufactured. Therefore, choice A is the most appropriate answer.

Question 2

A ____ system is an enterprise system that supports the processes performed by all the entities involved in creating or increasing the demand for an organization's products and services.

Accepted Answer

The definition provided in the question describes a customer relationship management (CRM) system, which supports the processes involved in managing relationships with customers and increasing demand for an organization's products and services. Choices A, B, and C are either incorrect or do not accurately capture the scope of a CRM system.

Question 3

The SAP ERP ____ software module plans and schedules production and records actual production activities.

Accepted Answer

The production planning module in SAP ERP is responsible for planning and scheduling production and recording actual production activities. The project system module is used for managing and tracking projects, the quality management module is used for managing quality control and assurance, and the asset management module is used for managing and tracking physical assets.

Question 4

The SAP ERP ____ software module records all financial transactions in the general ledger accounts and generates financial statements for external reporting.

Accepted Answer

The SAP ERP financial accounting software module is specifically designed to record all financial transactions in the general ledger accounts and to generate financial statements for external reporting. It allows for the tracking of financial transactions such as accounts payable, accounts receivable, asset accounting, bank accounting, and general ledger accounting. The other modules listed (controlling, materials management, and sales and distribution) are focused on different operational areas, such as supply chain management and sales processes, and do not have the same financial reporting capabilities as the financial accounting module.

Question 5

The SAP ERP ____ software module maintains and allows access to customer information (pricing,shipping information,billing procedures,etc).

Accepted Answer

The Sales and Distribution module in SAP ERP is responsible for maintaining and accessing customer information such as pricing, shipping information, billing procedures, etc.

Question 6

The SAP ERP ____ software module manages the acquisition of raw materials from suppliers and the subsequent handling of raw materials from storage to work-in-progress goods to the shipping of finished goods to the customer.

Accepted Answer

The SAP ERP materials management module specifically deals with the acquisition, handling, and movement of raw materials and finished goods within the supply chain. The other modules mentioned, such as controlling, financial accounting, and sales and distribution, do not have as specific a focus on materials management.

Question 7

In the supply chain,____ is the process responsible for producing,testing,packaging,and preparing your products for delivery.

Accepted Answer

Manufacturing is the process responsible for producing, testing, packaging, and preparing products for delivery. Sourcing is focused on finding suppliers and negotiating contracts, demand planning is focused on forecasting and planning for future demand, and logistics is focused on the movement of products from one location to another.

Question 8

____ applications frequently draw on the data captured and stored in an ERP system-data such as orders,shipments,inventory,customers,suppliers,etc.

Accepted Answer

SCM (Supply Chain Management) applications typically utilize data stored in an ERP (Enterprise Resource Planning) system to manage and optimize the supply chain.

Question 9

The ____ software support provider is an organization that ensures that the users are able to use the software effectively once it is installed.

Accepted Answer

The answer of The ____ software support provider is an...

Question 10

The ____ stage of a project provides on-going technical support,delivers on-going training for new end users and to cover system upgrades and plans and implements necessary software upgrades.

Accepted Answer

The maintenance and continuous improvement stage is responsible for providing technical support, delivering training for new users, and implementing software upgrades. This stage occurs after the implementation stage, which focuses on deploying the system, and after the design stage, which creates the system's structure. Software selection is the initial stage of a project that involves choosing the best software for a particular project or task.

Question 11

The SAP ERP ____ software module supports planning and control for new R&D,construction,and marketing projects.

Accepted Answer

The project system module of SAP ERP supports planning and control for new R&D, construction, and marketing projects. This module helps organizations manage project schedules, budgets, resources, and tasks, ensuring that projects are completed on time and within budget. It also provides features for tracking project progress, identifying potential issues, and managing project risks. Therefore, the best choice for this question is A) project system.

Question 12

An ____ system is a set of core software modules that enable organizations to share data across the entire enterprise through the use of a common database and management reporting tools.

Accepted Answer

Enterprise resource planning (ERP) systems are designed to integrate all aspects of a business's operations, from finance and accounting to human resources and supply chain management. ERP systems use a common database and reporting tools, allowing for real-time, accurate data analysis and decision-making across the entire organization.

Question 13

An effective ERP system enables people in various organizational units to access and update the same information based on ____ levels assigned within the system.

Accepted Answer

The answer of An effective ERP system enables people in...

Question 14

ERP software is designed to support how an organization using industry "____" conducts business.

Accepted Answer

ERP software is designed to support best practices for an industry in order to streamline and improve business processes. It is not designed to support specific standards, agreements, or guidelines, although it may incorporate these elements as part of best practices.

Question 15

The ____ protects the health insurance coverage for workers and their families and requires the establishment of national standards for electronic health care transactions and national identifiers for providers,health insurance plans,and employers.

Accepted Answer

The Health Insurance Portability and Accountability Act (HIPAA) protects the health insurance coverage for workers and their families and requires the establishment of national standards for electronic health care transactions and national identifiers for providers, health insurance plans, and employers. The other options do not pertain to health care or insurance regulations.

Question 16

The SAP ERP ____ software module plans and records quality control activities such as product inspections and material certifications.

Accepted Answer

The SAP ERP Quality Management software module is specifically designed to plan and record quality control activities, including product inspections and material certifications. Option A (project system) deals with managing complex projects, Option B (production planning) deals with planning and managing production schedules, and Option D (asset management) is used to manage an organization's assets such as plants, equipment, and facilities.

Question 17

____ involves the planning,executing,monitoring,and controlling of the supply chain major processes.

Accepted Answer

Supply chain management involves the planning, executing, monitoring, and controlling of the supply chain major processes to ensure efficient and effective flow of goods and services from suppliers to customers. Manufacturing management focuses on the manufacturing process within a company, supply-side management involves the coordination of suppliers and inputs, and supply management primarily focuses on the procurement of goods and services.

Question 18

In the supply chain,the ____ process is responsible for determining the demand for your products taking into account all the factors that can affect that demand.

Accepted Answer

The demand planning process is specifically responsible for determining the demand for products in the supply chain, considering various factors like market trends, customer needs, etc. Sourcing refers to selecting suppliers, manufacturing refers to producing the products, and logistics relates to the movement of goods.

Question 19

The SAP ERP ____ software module supports managerial decision making by assigning manufacturing costs to products and cost centers for analysis of the organization's profitability.

Accepted Answer

The SAP ERP controlling module is responsible for cost accounting and supports managerial decision-making by assigning manufacturing costs to products and cost centers for profitability analysis. The materials management, financial accounting, and sales and distribution modules are not primarily focused on assigning manufacturing costs to products and cost centers.

Question 20

If the goal is to complete the project as quickly as possible and to minimize the risk of project failure,potential increases in ____ should be rejected.

Accepted Answer

Increasing the scope of a project often leads to longer timelines and higher risks, as it involves adding more tasks and objectives, which can complicate the project and increase the chances of failure.

Quiz 8: Enterprise Resource Planning