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Exam 10: Enterprise Resource Planning

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Question 21

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Reducing inventory is a common ERP __________.

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Question 22

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Which of the following is not an associated ERP cost?

A) Customization
B) Integration and testing
C) Reduce inventory
D) Data conversion

E) A) and D)
F) None of the above

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Question 23

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Which of the following is an extended ERP component?

Describe the three primary components found in core enterprise resource planning.

____________ manages the transportation and storage of goods.

Explain the future of enterprise resource planning systems.

What are two of the primary features of ebusiness components?

Which of the following is not one of the three most common core ERP components focusing on internal operations?

Integrating financial information is a common ERP ______________.

Accounting and finance components manage accounting data and ______________ processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting, and asset management.

Human resource component is one of the three most common _________ ERP components.

Which of the following is a primary risk associated with an ERP implementation?

Which component can help an organization determine such things as the identification of individuals who are likely to leave the company unless additional compensation or benefits are provided?

Hiring external experts to help implement the system correctly is a common ERP ___________.

Customization is a common ERP _________.

Human resource components track ___________ information including payroll, benefits, compensation, performance assessment, and assumes compliance with the legal requirements of multiple jurisdictions and tax authorities.

Which channels do ERP vendors need to build for access into the ERP systems?

Compare core enterprise resource planning components and extended enterprise resource planning components.

Describe the four primary components found in extended enterprise resource planning systems.

____________ ERP components are the extra components that meet the organizational needs not covered by the core components and primarily focus on external operations.