Question 1

ERP systems can be inefficient at handling the numerous transactions that document the activities of a company.

Accepted Answer

A) True 
 B)False

Question 2

A typical ERP system has modules that use the same user interface, similar to that of Microsoft Office products.

Accepted Answer

A) True 
 B)False

Question 3

In the functional silo approach, the purchasing function typically considers quality a goal.

Accepted Answer

A) True 
 B)False

Question 4

Only manufacturing affects the inventory account.

Accepted Answer

A) True 
 B)False

Question 5

On which four major areas do ERP modules typically focus?

Accepted Answer

A)   Finance, manufacturing and logistics, sales and marketing, human resources
B)   Accounting, finance, human resources, manufacturing
C)   Accounting, finance, information technology, manufacturing
D)   Information technology, manufacturing, logistics, accountingE) B) and C)
F) A) and D)

Question 6

Each ERP module uses its own database with each database connecting to a common data warehouse.

Accepted Answer

A) True 
 B)False

Question 7

What are two of the main objectives of ERP?

Accepted Answer

A)   Transaction processing and decision support
B)   Product tracking and customer invoicing
C)   Transaction processing and logistic optimizing
D)   Resource tracking and master schedule planningE) A) and B)
F) C) and D)

Question 8

The supply chain design module provides a centralized overview of the entire supply chain and key performance indicators.

Accepted Answer

A) True 
 B)False

Question 9

How often are major software changes typically made to ERP?

Accepted Answer

A)   Every 12 months
B)   Every 1 to 2 years
C)   Every 3 to 5 years
D)   Every 5 to 10 yearsE) B) and C)
F) A) and D)

Question 10

A data warehouse is a special building, or floor of a building, built especially to safeguard the data used by an ERP system. Data warehouses require advanced cooling and air filtration.

Accepted Answer

A) True 
 B)False

Question 11

What is an example of an issue that might be addressed by supply chain event management?

Accepted Answer

A)   A customer complains that a product arrived damaged.
B)   A customer complains that he is unhappy with the product's new packaging design.
C)   A customer decides to change her order in the next ordering cycle.
D)   A customer would like to discuss getting a quantity discount in the next billing cycle.E) A) and D)
F) C) and D)

Question 12

Which is not one of the main functions of SAP?

Accepted Answer

A)   Supply chain planning
B)   Supply chain execution
C)   Supply chain collaboration
D)   Supply chain redesignE) B) and C)
F) A) and B)

Question 13

A SAP system can accommodate items that must be maintained in inventory while simultaneously supporting JIT efforts for other items.

Accepted Answer

A) True 
 B)False

Question 14

ERP systems allow for integrated planning across the different functional areas in a firm.

Accepted Answer

A) True 
 B)False

Question 15

What is the primary goal of an ERP system?

Accepted Answer

A)   The integration of data processes and data storage
B)   Creating consistent definitions across all functional areas
C)   The efficient handling of the transactions as goods move through each step of the process
D)   The scheduling of machinery to minimize downtime and reduce scrapE) A) and B)
F) A) and C)

Question 16

All of the modules of an ERP system should be purchased from the same vendor.

Accepted Answer

A) True 
 B)False

Question 17

What set of applications supports the capabilities needed to manage, schedule, pay, hire, and train people who make the organization run?

Accepted Answer

A)   Sales and marketing
B)   Manufacturing
C)   Logistics
D)   Human resourcesE) A) and B)
F) A) and C)

Question 18

Which of the following is a main benefit of processing transactions in real time?

Accepted Answer

A)   There is no delay in the processing of the transaction.
B)   The amount of detail available in the system is extremely rich.
C)   It allows for immediate analysis, which can be valuable in making improvements.
D)   All of these choices are correct.E) A) and B)
F) A) and C)

Question 19

What is transaction processing?

Accepted Answer

A)   The decision support system used to efficiently handle multiple transactions
B)   The posting and tracking of the detailed activities of a business
C)   The movement of paperwork through a system using a decision tree
D)   The scheduling of machinery to minimize time and scrapE) A) and B)
F) C) and D)

Question 20

An ERP system is a single, large software program. It that regard, it has the same structure as Microsoft Excel.

Accepted Answer

A) True 
 B)False

Exam 17: The Internet of Things and Erp

On which four major areas do ERP modules typically focus?

Correct AnswerverifiedShow Answer

An ERP system is a single, large software program. It that regard, it has the same structure as Microsoft Excel.

Correct AnswerverifiedShow Answer

Each ERP module uses its own database with each database connecting to a common data warehouse.

Correct AnswerverifiedShow Answer

All of the modules of an ERP system should be purchased from the same vendor.

Correct AnswerverifiedShow Answer

What is transaction processing?

Correct AnswerverifiedShow Answer

Which is not one of the main functions of SAP?

Correct AnswerverifiedShow Answer

A SAP system can accommodate items that must be maintained in inventory while simultaneously supporting JIT efforts for other items.

Correct AnswerverifiedShow Answer

What set of applications supports the capabilities needed to manage, schedule, pay, hire, and train people who make the organization run?

Correct AnswerverifiedShow Answer

What is an example of an issue that might be addressed by supply chain event management?

Correct AnswerverifiedShow Answer

What are two of the main objectives of ERP?

Correct AnswerverifiedShow Answer

A typical ERP system has modules that use the same user interface, similar to that of Microsoft Office products.

Correct AnswerverifiedShow Answer

The supply chain design module provides a centralized overview of the entire supply chain and key performance indicators.

Correct AnswerverifiedShow Answer

ERP systems allow for integrated planning across the different functional areas in a firm.

Correct AnswerverifiedShow Answer

Only manufacturing affects the inventory account.

Correct AnswerverifiedShow Answer

A data warehouse is a special building, or floor of a building, built especially to safeguard the data used by an ERP system. Data warehouses require advanced cooling and air filtration.

Correct AnswerverifiedShow Answer

What is the primary goal of an ERP system?

Correct AnswerverifiedShow Answer

ERP systems can be inefficient at handling the numerous transactions that document the activities of a company.

Correct AnswerverifiedShow Answer

In the functional silo approach, the purchasing function typically considers quality a goal.

Correct AnswerverifiedShow Answer

Which of the following is a main benefit of processing transactions in real time?

Correct AnswerverifiedShow Answer

How often are major software changes typically made to ERP?

Correct AnswerverifiedShow Answer

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