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Worksheetskc erp
Total questions: 94
Worksheet time: 46mins
What does ERP stand for?
Enterprise Resource Planning
Enterprise Resource Program
Enterprise Recycling Program
Environmental Resource Planning
Which of the following business functions would use Enterprise Resource Planning?
Hiring new staff
Legal strategies
Customer relationship management
Market entry strategies
Which of the following describes an ERP system?
ERP systems provide a foundation for collaboration between departments
ERP systems enable people in different business areas to communicate
ERP systems have been widely adopted in large organisations to store critical knowledge used to make the decisions that drive the organisation's performance
All of the above
Which of the following is a reason for ERPs explosive growth?
ERP is a logical solution to the mess of incompatible applications
ERP addresses the need for global information sharing and reporting
ERP is used to avoid the pain and expense of fixing legacy systems
All of the above
Which of the following is NOT a task?
Check insurance policy details
Insurance policy does not cover the damage
Calculate settlement amount
Determine if customer is liable for damage
Which of the following is NOT an event?
Purchase order received
Claim withdrawn by customer
Notify settlement decision to customer
Payment delay expired
In a process-oriented organization, who is directly accountable for poor performance of a process?
The process participants
The executive management team
The process owner
The process analyst
The BPM group
The following BPMN diagram contains an incorrect gateway. Which one?
The AND gateway following task A
The XOR gateway following task D
The AND gateway preceding task F
The XOR gateway following task F
What is wrong with this collaboration diagram?
This collaboration can be fixed by replacing the XOR-split with an event-based gateway
The XOR-join needs to be replaced by an OR-join
The intermediate message flow in the Auctioning Service pool should be replaced by a receive task
This collaboration may deadlock if the seller is already registered
An internal decision in one party must be matched by an XOR-join in the other party
Consider the following model. Which of the following statements is incorrect?
If a cancelation request is received after raw materials have been acquired, the request is not considered
An order may be cancelled either if a cancelation request is made by the customer, or if materials are unavailable
Task "Purchase raw materials from Supplier" is always executed
An order may still be canceled even if a customer sends a "Stop cancelation request"
The interruption of the raw materials acquisition sub-process may be triggered from within the process, but outside the activity itself
Accounting and Finance is responsible for tasks related to:
Recruits, hires, trains, and compensates employees, ensures compliance with government regulations, and oversees the evaluation of employees
Provide summaries of operational data in managerial reports, controlling accounts, planning and budgeting, and cash-flow management
Sets product prices, promotes products through advertising and marketing, takes customer orders, supports customers, and creates sales forecasts
Develops production plans, orders raw materials from suppliers, receives raw material, manufactures products, maintains facilities, and ships products to customers
Which perspectives is better for managers to take in order to satisfy customer's needs?
Business function
Business process
Which of the following business function is involved in developing products and determine pricing?
Finance and Accounting
Supply Chain Management
Human Resource
Marketing and Sales
What is at the heart of any ERP system?
Information
Customers
Employees
Database
An information system produces information using the ________ cycle.
data analysis
input-process-output.
input-output.
process-input-output.
This provides the information base upon which the entire operation should be run like production planning, machine scheduling, raw material usage,(Bill of material)preparation, track daily production progress production forecasting & actual production reporting.
Supply chain module
Inventory module
Manufacturing Module
None
______ department is helps to boost the sales performance through better customer service & establishing the healthy relationship with customers.
SCM
CRM
SD
None
CRM module can be integrated with Sales module to enhance sales opportunities
True
False
Any Financial data that is required for running business is available on one click in Finance module.
True
False
This (a) module keeps track of all account related transactions like expenditures, Balance sheet, account ledgers, budgeting, bank statements ,payment receipts, tax management etc.
Modern data mining systems self learn from the previous history of the investigated system, formulating and testing hypothesis about the rules, which this system obeys.
True
False
This significantly simplifies the job and allows an analyst who is not a professional in statistics and programming to manage the process of extracting knowledge from data.
ERP
Data mining
Data mart
all
This module uses tools and techniques like product specifications and control plans to continuously improve processes, use deviation tracking as well as check sheets and process instructions to drive inspection data collection for Statistical Process Control requirements.
Sales and distribution module
Manufacturing module
Quality management module
all
To survive and succeed in the present scenario, it is imperative that you maintain a very high quality at all stages of manufacturing and distribution.
True
false
Quality Management cannot enable the organization to meet compliance requirements with the ability to trace production from start to finish.
True
false
An ERP system can also track all transactions such as invoices, packing lists, RMA numbers and payments involved in the sales order is _____
Manufacturing
SD
SCM
None
Pre sales activities, Sales order processing, Inventory sourcing, Delivery and Billing are the six events of __________
SD module
Inventory module
SCM module
all
Pre sales activities, Sales order processing, Inventory sourcing, Delivery and Billing are the six events of __________
SD module
Inventory module
SCM module
all
ERP is the sole responsibility of the management and is just for the managers/decision-makers
True
false
A _______ is not a mathematical model, but a representation of the business as one large system showing the interconnections and interdependencies of the various sub-systems and business processes.
ERP model
Business model
None
ERP system is developed with the aim of providing the various individuals with the information and necessary assistance they require in order to perform their business processes more effectively and efficiently.
True
False
ERP packages are called integrated because of automatic data updation (automatic data exchange among applications) between related business components
True
False
ERP systems cannot provide the freedom to change manufacturing and planning methods, as needs change without modifying or re-configuring the workplace or plant layouts.
True
False
Which of the following is not an advantage of ERP
Better analysis and planning capabilities
Increase flexibility
Increased quality costs
Improved quality
ERP systems provide current status only, such as open orders. Managers often need to look past the current status to find trends and patterns that aid better decision making. For this they need a following related technology
Data Warehousing and Data Marts
Data Mining
Both
None
______ refers to a systematic methodology to identify the best way of doing the business; and to re-engineering or redesign the business process so as to get the maximum benefit.
CMR
Integrated business model
BPR
OLAP
Technology enabled and Clean slate are the tools in _____
ERP
Business modeling
BPR
CRM
Drill down and drill up, Slice and Dice are the functionalities of ________
Data mining
OLAP
Data Warehouse
Facilities, Inventory , Transportation and Information are the main drivers of __________
SCM
CRM
Both
As time passes the amount of data will increase and this will affect the performance of the ERP system. So, it’s better to archive the operational data once its use is over using _____ technology
Data warehousing
Data mining
ETL
______ is the process of identifying valid, novel, potentially useful and ultimately comprehensible knowledge from databases that is used to make crucial business decisions
Extracting
Data marts
Data mining
Data mining can overcome the problem of inadequacy of the human brain when searching for complex multi-factorial dependencies in the data.
True
False
ERP systems help organizations deal with the supply chain, receiving, inventory management, customer order management, production planning, shipping, accounting, human resource management, and business functions.
True
False
This approach is most expensive and time consuming approach.
Vanilla
Comprehensive
Both
the search for the perfect package starts in this phase
Pre-evaluation screening
Selection of package
Package evaluation
________ is performed to analyze the current situation of the organization and its future position as needed
As IS doc
GAP analysis
To Be doc
In a full _________ implementation, an entire suite of ERP application is implemented at all locations, at the same time.
Parallel strategy
Phased strategy
big-bang
This approach is meaningful when: I. The system is not replacing any other system; II. The old system is judged absolutely worthless; III. The new system is either very small or simple
Big Bang
Phased
Pilot run
legacy systems and ERP systems are run in parallel for some time until it has been tested thoroughly in ______ strategy
Phased
Parallel
Pilot run
organization may follow direct approach for marketing module; whereas it may follow parallel approach; still for distribution system, the organization may follow a pilot run approach in ________ implementation strategy
Pilot run
Hybrid
Both
Total Solution, FastTrack, Rapid-Re, Accelerated SAP are examples of ______ methodologies in systematic approach
Implementation
developing
none
The job of the administrative support team is to make the life of all others on the implementation team easier, so that they can concentrate on their tasks and be more productive and efficient
True
False
In this implementation, an organization will align its business process to the ERP system; rather than modify the software.
SDLC
Vanilla
Middle of the road
if an ERP software solution is required for retail business, it may include
Finance Management
HR Management
Supply Chain & Distribution Management
Retail Management
all
ERP solution for manufacturing business, it may streamline following functions
Finance Management, Sales/Purchase Management
Human Resource Management
Inventory Management
Quality Management
all
Machine learning, predictive analysis, and advanced reporting are pushing ERP to the next level
True
false
If you lack a tech team, make sure you understand your service level agreement or SLA to increase your ROI
True
false
An ERP with flexible integration can work with existing infrastructure, expand its functionalities or, in fact, replace it while ensuring smooth records and files migration
True
False
In ______ ERP approach to address their organizational complexities. A corporate ERP is used by headquarters, while another ERP system is used by the subsidiaries.
Complex ERP
One tier
Two tier
None
If your business is using dozens of productivity apps, introducing a plug-and-play ERP won’t be that smooth
True
False
Incompatible applications can lead to crashes. Limited reporting tools force users to import external files, leading to a firewall break resulting______.
integrity
high security risks
unsupported applications
all
Due to the more complex setup of ERP, this niche is playing catch up to other SaaS solutions
True
False
Which of the following trend gained attraction among ERP vendors, both legacy and startups
SaaS and On-Premise Hybrid
Two-tier ERP
Social ERP
All
Establishing Key Performance Indicators is one of the best practices of ERP
True
false
The performance of an ERP system affects cyber, financial and job security within a business.
True
false
maintenance of an ERP system as consist the following
• Customization
Custom-code "add-ons"
Third-party vendor "bolt-ons"
All
An ERP is providing a better opportunity to source the best materials at the optimal price, and reach a broader range of customers
True
False
___________ manufacturers must build unique and often very complex products for each customer
Discrete
ETO
None
