Question 1

The ____________________ transaction processing systems of an organization must track the flow of data related to all the cash flows that affect the organization.

Accepted Answer

The answer of The ____________________ transaction processing systems of an...

Question 2

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

Accepted Answer

The answer of When loading data into a new ERP...

Question 3

SME stands for small and medium-size enterprises where small is defined as an enterprise with less than ____________________ employees.

Accepted Answer

The answer of SME stands for small and medium-size enterprises...

Question 4

Many SMEs elect to implement ____________________ ERP systems from vendors such as Apache, Compiere, and OpenBravo.

Accepted Answer

The answer of Many SMEs elect to implement ____________________ ERP...

Question 5

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.

Accepted Answer

The answer of Many organizations have limited ____________________ among their...

Question 6

At any time, the data in an online system reflects the ____________________ status.

Accepted Answer

The answer of At any time, the data in an...

Question 7

____________________ are the most efficient and effective ways to complete a business process.

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The answer of ____________________ are the most efficient and effective...

Question 8

With ____________________ processing, each transaction is processed immediately, without the delay of accumulating transactions into a batch.

Accepted Answer

The answer of With ____________________ processing, each transaction is processed...

Question 9

The approach taken today by most organizations is to implement an integrated set of transaction processing systems from a diversity of various software vendors.

Accepted Answer

Most organizations prefer integrated systems from a single vendor to ensure compatibility and reduce complexity.

Question 10

A(n) ____________________ is a set of coordinated and related activities that takes one or more types of input and creates an output of value to the customer of that process.

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The answer of A(n) ____________________ is a set of coordinated...

Question 11

The transaction processing cycle includes data collection, data editing, data correction, data storage, and ____________________.

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The answer of The transaction processing cycle includes data collection,...

Question 12

TPS systems capture and process data that describe fundamental business ____________________.

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The answer of TPS systems capture and process data that...

Question 13

Data ____________________ ensures the validity and completeness of input data.

Accepted Answer

The answer of Data ____________________ ensures the validity and completeness...

Question 14

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

Accepted Answer

The process of checking data for validity and completeness is called data validation, not data correction. Data correction refers to the process of fixing the errors found during data validation.

Question 15

While integrated transaction processing system solutions have been developed for SMEs, unfortunately, most of these have a high total cost of ownership and are difficult to install.

Accepted Answer

The answer of While integrated transaction processing system solutions have...

Question 16

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

Accepted Answer

The answer of The traditional transaction processing systems that support...

Question 17

Transaction processing systems typically involve the processing of ____________________ input and output than MIS systems.

Accepted Answer

The answer of Transaction processing systems typically involve the processing...

Question 18

During the late 1980s and early 1990s, many organizations recognized that their legacy TPSs lacked the ____________________ needed to coordinate activities and share valuable information across all the business functions of the firm.

Accepted Answer

The answer of During the late 1980s and early 1990s,...

Question 19

Transaction processing systems use a large amount of input and output data to update the official ____________________ of the company about orders, sales, customers, and so on.

Accepted Answer

The answer of Transaction processing systems use a large amount...

Question 20

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

Accepted Answer

Large enterprises were the first to implement ERP systems due to their complexity and cost, which were initially prohibitive for smaller organizations.

Quiz 9: Enterprise Systems