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Ch 15

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Select the true statement from those provided below.
A. An ERP system is designed to interact with a stand-alone sales and inventory application to create general ledger information.
B. An ERP system is designed to be a stand-alone software application to accomplish revenue, expenditures, conversion, and administrative processes.
C. An ERP system will accomplish e-commerce but relies on other software applications for the accomplishment of e-business transactions.
D. An ERP system will not collect, process, store, and report the data resulting from e-business transactions.
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Select the true statement from those provided below.
A. An ERP system is designed to interact with a stand-alone sales and inventory application to create general ledger information.
B. An ERP system is designed to be a stand-alone software application to accomplish revenue, expenditures, conversion, and administrative processes.
C. An ERP system will accomplish e-commerce but relies on other software applications for the accomplishment of e-business transactions.
D. An ERP system will not collect, process, store, and report the data resulting from e-business transactions.
An ERP system uses:
A. One database for each module associated with the organization - sales, inventory, human resources, etc.
B. One database for manufacturing, one database for sales, one database for administrative, and one database for design and research.
C. One database which contains all data items associated with the organization.
D. Relational databases for interactive queries between modules and departments.
An enterprise resource planning (ERP) system would:
A. Update both accounts receivable and inventory when purchased goods are received from a vendor.
B. Update both accounts payable and accounts receivable when inventory purchased from a vendor is received.
C. Update both accounts payable and sales when purchased goods are received from a vendor.
D. Update both accounts payable and inventory when purchased goods are received from a vendor.
Within an ERP program:
A. The operational database contains five to ten years of transaction histories.
B. The data warehouse is updated as daily transactions are recorded.
C. The data warehouse contains five to ten years of transaction histories.
D. The data warehouse information is available to sales personnel for customer histories.
Y2K compatibility issues arose because:
A. Older computer systems recorded dates in mm/dd/yyyy formats and memory for these was expense.
B. Older computer systems recorded dates in mm/dd/yyyy formats and memory in older systems was unreliable.
C. Old computer systems kept dates in mm/dd/yy formats.
D. Memory in older systems would fail when challenged with a mm/dd/yy formatted date.
Select the correct statement from those provided below.
A. MRP II allows interaction between suppliers and their customers via the internet or other electronic means.
B. While MRP II provides automatic inventory reordering, it does not allow suppliers to see customer inventory levels.
C. MRP II systems preclude e-commerce and e-business transactions due to internal security measures to protect data.
D. To increase operational response times, MRP II systems utilize operational databases but not data warehouses.
Which of the following is NOT one of the reasons for the increased spending on ERP systems since 2004?
A. Bigger IT budgets replaced leaner budgets as economic conditions improved.
B. Many companies needed upgraded systems to enhance compliance with the Sarbanes-Oxley Act.
C. Business processes were separated and standardized.
D. ERP has become so important to daily operations that many companies cannot allow their ERP system to become outdated.