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MISY 5340 ERP Overview Questions and Answers Already Passed

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MISY 5340 ERP Overview Questions and Answers Already Passed 1. Which term refers to business processes that are not executed by a single group or function? A) Silo Effect B) Cross-Functional C) Functional Structure D) Enterprise Systems - Answers B) Cross-Functional 2. Which term refers to ...

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  • October 26, 2024
  • 34
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MISY 5340 ERP
  • MISY 5340 ERP
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MISY 5340 ERP Overview Questions and Answers Already Passed

1. Which term refers to business processes that are not executed by a single group or function?

A) Silo Effect

B) Cross-Functional

C) Functional Structure

D) Enterprise Systems - Answers B) Cross-Functional

2. Which term refers to a system in which workers complete their tasks in separate departments
without regard to the consequences for the other components of the process?

A) ERP Effect

B) Silo Effect

C) Cross-Functional

D) Functional Structure - Answers B) Silo Effect

3. Which system supports business process end to end?

A) Enterprise System

B) Management System

C) Functional Structure

D) Document System - Answers A) Enterprise System

4. Which of the following statements about business process is true?

A) They are executed across multiple functions

B) They are initiated by some type of trigger

C) They involve multiple steps

D) All of the above - Answers D) All of the above

5. Which term represents a set of tasks or activities that produce desired outcomes?

A) Business Process

B) Trigger

C) Outcome

,D) None of the above - Answers A) Business Process

6. Which term refers to all of the activities involved in buying or acquiring the materials used by the
organization, such as raw materials needed to make products?

A) Material Planning

B) Procurement Process

C) Production Process

D) Fulfillment Process - Answers B) Procurement Process

7. Which process involves the actual creation of the products?

A) Production Process

B) Material Planning

C) Procurement Process

D) Fulfillment Process - Answers A) Production Process

8. Which process uses historical data and sales forecasts to plan which materials will be procured and
produced?

A) Material Planning

B) Procurement Process

C) Production Process

D) Fulfillment Process - Answers A) Material Planning

9. Which process supports the design and development of products from the initial product idea stage
through the discontinuation of the product?

A) Material Planning

B) Lifecycle Data Management

C) Production Process

D) Fulfillment Process - Answers B) Lifecycle Data Management

10. Which process tracks the financial impact of process steps with the goal of meeting legal reporting
requirements?

A) Financial Accounting

,B) Human Capital Management

C) Project Management

D) Management Accounting or Controlling - Answers A) Financial Accounting

11. Which process is used to plan and execute large projects such as the construction of a new factory or
the production of complex products such as airplanes?

A) Human Capital Management

B) Project Management

C) Financial Accounting

D) Management Accounting or Controlling - Answers B) Project Management

12. Which process focuses on people within an organization and includes functions such as recruiting,
hiring, training, and benefits management?

A) Human Capital Management

B) Project Management

C) Financial Accounting

D) Management Accounting or Controlling - Answers A) Human Capital Management

13. What steps are involved in the accounting portion of the procurement process?

A) Receiving the materials and the invoice B) Creating and sending the purchase order

C) Creating the purchase requisition and receiving the materials

D) Receiving the invoice and sending payment - Answers D) Receiving the invoice and sending payment

14. What is the first step of the production process?

A) Authorize Production

B) Request Production

C) Create Product

D) Issue Raw Materials - Answers B) Request Production

15. What is the final step of the procurement process?

A) Invoice

, B) Purchase Requisition

C) Purchase Order

D) Payment - Answers D) Payment

16. What function does the warehouse perform in the fulfillment process?

A) Prepares and sends the shipment to the customer

B) Communicates data related to the order to other parts of the organization

C) Tracks the order

D) Notifies the customer - Answers A) Prepares and sends the shipment to the customer

17. ___ is concerned with matching the demand for materials in the organization with the supply.

A) Business Planning

B) The Silo Effect

C) Project Management

D) Material Planning - Answers D) Material Planning

18. Which of the following is concerned with the storage and movement of materials

A) Business Planning

B) Silo Effect

C) Material Planning

D) Inventory and warehouse management - Answers D) Inventory and warehouse management

19. ___ enables an organization to optimize its product development process, from design to market,
while ensuring that it complies with industry, quality, and regulatory standards?

A) Business Planning

B) Lifecycle Data Management

C) Project Management

D) Material Planning - Answers B) Lifecycle Data Management

20. ______ Provides tolls to mange and store documents securely and to keep track of multiple versions
of these documents?

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