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Accounting Information Systems Study Set 3
Quiz 2: Enterprise Systems
Path 4
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Question 121
Short Answer
The four Ws of capturing data are ____________________, ____________________, ____________________, and ____________________.
Question 122
Short Answer
Business events are "pushed" immediately and simultaneously to all interested parties in _________________________ architecture
Question 123
Essay
The first step in the order-to-cash process is ________________________________________.
Question 124
Essay
Why might a firm decide to implement only certain modules in an ERP system rather than a complete implementation?
Question 125
Short Answer
Edit order, record sales order, update inventory, notify warehouse is the sequence of events for entering a ______________________________.
Question 126
Short Answer
The module that handles internal accounting including cost center accounting, activity based accounting, and budgeting is _____________________________________________.
Question 127
Short Answer
The first step in the purchase-to- pay process is ________________________________________.
Question 128
Essay
Describe 5 of the pros of an enterprise system.
Question 129
Essay
Define enterprise resource planning (ERP) systems and give some examples of common ERP add-on modules.
Question 130
Short Answer
The steps in the ______________________________ process include creating the purchase order, receiving the goods and services, recording the vendor invoice
Question 131
Essay
List and describe the 5 steps in the purchase-to-pay process.
Question 132
Short Answer
____________________ systems are the old information systems that are being replaced by the newer system.
Question 133
Essay
Lexington Company is considering taking customer's orders on their Web site. a.What information should Lexington collect from the customer during this process? b.What information would need to come from Lexington's system to complete the order?