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| 1 | |
What activities do production and materials management components perform? |
| | A) | Handle the various aspects of production planning and execution such as demand forecasting, production scheduling, job cost accounting, and quality control |
| | B) | Track employee information including payroll, benefits, compensation, performance assessment, and assumes compliance with the legal requirements of multiple jurisdictions and tax authorities |
| | 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) | All of the above |
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| 2 | |
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? |
| | A) | Accounting and finance components |
| | B) | Production and managerial management components |
| | C) | Production and materials management components |
| | D) | None of the above |
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| 3 | |
Which extended ERP component collects information used throughout an organization, organizes it, and applies analytical tools to assist managers with decisions? |
| | A) | Ebusiness |
| | B) | Customer relationship management |
| | C) | Business intelligence |
| | D) | None of the above |
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| 4 | |
According to Meta Group, what is the average savings from a successful ERP implementation? |
| | A) | $500,000 |
| | B) | $700,000 |
| | C) | $1.6 million |
| | D) | $15 million |
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| 5 | |
Which of the following is a common ERP benefit? |
| | A) | Standardize manufacturing processes |
| | B) | Speed up manufacturing processes |
| | C) | Standardize human resource information |
| | D) | All of the above |
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