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Exam 12: Integrating the Organization From End to End Enterprise Resource Planning

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Question 21

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Which activities do accounting and finance components perform?

A) Track employee information including payroll, benefits, compensation, and performance assessment and assume responsibility for compliance with the legal requirements of multiple jurisdictions and tax authorities.
B) Handle the various aspects of production planning and execution such as demand forecasting, production scheduling, job cost accounting, and quality control.
C) Manage accounting data and financial processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting, and asset management.
D) None of these

E) A) and C)
F) A) and B)

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Question 22

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

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Accounting and finance components-manage...

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Question 23

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Describe the primary users and primary business benefits of CRM, SCM, and ERP applications.

What are two of the primary features of ebusiness components?

Software customization modifies existing software according to the business's or user's requirements.

Who are the primary users of ERP systems?

Which of the following will help an organization maintain consistent business operations?

Enterprise resource planning (ERP) integrates all departments and functions throughout an organization into a single MIS system (or integrated set of systems) so employees can make decisions by viewing enterprise wide information about all business operations.

Business intelligence is both a core and extended ERP component.

Eprocurement is the business-to-business (B2B) online purchase and sale of supplies and services.

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?

Which application's primary business benefits include sales forecasts, sales strategies, and marketing campaigns?

Production and materials management ERP components track employee information including payroll, benefits, compensation, and performance assessment and ensure compliance with all laws.

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

Which component is a credit-management feature typically included in?

What is the key word in ERP?

Production and materials management ERP components handle production planning and execution tasks such as demand forecasting, production scheduling, job cost accounting, and quality control.

Which of the following is a component ERP vendors offer to differentiate themselves in the marketplace?

Describe the role information plays in enterprise resource planning systems.

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