Preview

1103AFE Week 2 Self Study Questions Wit

Good Essays
Open Document
Open Document
406 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
1103AFE Week 2 Self Study Questions Wit
DEPARTMENT OF ACCOUNTING, FINANCE & ECONOMICS

1103AFE Accounting Information Systems

Week 2 – Enterprise Systems & E-Business

Multiple choice questions

1. Goals of ERP include all of the following except
a.
A. improved customer service
b.
B. improvements of legacy systems
c.
C. increased production
d.
D. reduced production time

2. Core applications of an ERP are
a.
A. financial accounting
b.
B. procurement and logistics
c.
C. sales and distribution
d.
D. all of the above

3. Which statement about ERP installation is least accurate?
a.
A. For the ERP to be successful, process reengineering must occur.
b.
B. A problem with ERP is that some important business processes are not supported.
c.
C. When a business is diversified, little is gained from ERP installation.
d.
D. The phased-in approach is more suited to diversified businesses.

4. A by-product of e-business is
a.
A. elimination of sales staff
b.
B. increase in accounting staff
c.
C. production of hard copy reports
d.
D. increased errors

5. Increased efficiency in the purchasing function from e-Business includes
a.
A. the seller soliciting pricing
b.
B. automatic price checking by the computer
c.
C. decreased electronic based business events
d.
D. none of the above

Fill in the Blanks

1. _Enterprise systems_________________ integrate the business process functionality and information from all of an organization’s functional areas, such as marketing and sales, cash receipts, purchasing, cash disbursements, human resources, production and logistics, and business reporting (including financial reporting)

2. Enterprise resource planning (ERP) systems____ are software packages that can be used for the core systems necessary to support enterprise systems.

3. Customer relationship management (CRM)__________ software builds and maintains an organization’s customer-related database.

4. The involvement of two or more individuals and/or organizations in the completion of electronic-based

You May Also Find These Documents Helpful

  • Good Essays

    BIS 220 Week 2 Proposal

    • 641 Words
    • 3 Pages

    In using information systems these types of information systems will be essential to our business: a functional area IS system, office automation system, management information system, transaction processing system, executive dashboard and, a supply chain information system. These functions will help with the internal part of the business like processing payroll, accounting, activity reports and with external parts of the business like tracking credit card sales and…

    • 641 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    It 360 Exam 2

    • 2073 Words
    • 9 Pages

    | Enterprise resource planning systems are a suite of integrated software modules and common central database. It collects data from many divisions of firm for use in nearly all of firms internal activities. Information entered in one process is immediately available for other processes.…

    • 2073 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Week 2 Study Questions

    • 562 Words
    • 3 Pages

    What are financial markets? What function do they perform? How would an economy be worse off without them?…

    • 562 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    study questions 4

    • 429 Words
    • 2 Pages

    2. What is financial risk? (0.5 points) the possibility that shareholders will lose money when they invest in a company that has debt.…

    • 429 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    6 Are Texas well informed about government and elected officials? Do they trust government? 4…

    • 1621 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    1. Three effects of Baptism are the removal of original and actual sin, receiving an indelible…

    • 280 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Study Questions 1

    • 440 Words
    • 2 Pages

    1. What is a market economy? (0.5 points) An economy that relies chiefly on market forces to allocate goods and resources and to determine prices.…

    • 440 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Study Guide Week 3

    • 1464 Words
    • 6 Pages

    How can man evolve to be the apex of living beings if the fact suggest the process of evolution goes the other way…

    • 1464 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Chapter 6 Study Questions

    • 1594 Words
    • 7 Pages

    Anomie is a state of normlessness characterized by the loss of sense of meaning and detachment from others in the society. Anomie affects our choices because an individual may choose a group that has altered values and is operating in a manner that society deems deviant.…

    • 1594 Words
    • 7 Pages
    Good Essays
  • Good Essays

    exam 5 study questions

    • 10198 Words
    • 27 Pages

    4. What is the Patriot Act and what is “Gitmo”? How did Obama alter US policy? 75…

    • 10198 Words
    • 27 Pages
    Good Essays
  • Best Essays

    Enterprise Resource Planning (ERP) is identified as the essential platform upon which companies are building their competitive business process upgrades (Caruso 2003). An ERP system is an integrated software solution that spans the range of business processes that enables companies to gain a holistic view of the business enterprise. It promises one database, one application, and a unified interface across the entire enterprise (Bingi, Sharma & Godla 1999). Due to the fact that ERP systems provide companies with a means to have an integrated and unified business process, companies have not been swayed from investing large amounts of money on…

    • 1829 Words
    • 8 Pages
    Best Essays
  • Satisfactory Essays

    An enterprise system is classified as a system of integrated application-software packages that use data storage and transmission to support the flow of information, reporting, and analytics within the company and, in some cases, outside the company to colleagues and clients. In short, an enterprise system manages the flow of data relevant to those within the company and those outside the company privy to certain information. Case in point, if a company has multiple lines of products and information relevant to all the products (like statistical data) needs to be shared with all those within the company, an enterprise system exists to enable the sharing of this information.…

    • 390 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Enterprise Resource Planning

    • 2556 Words
    • 11 Pages

    Enterprise Resource Planning or ERP is actually a process or approach that attempts to consolidate all of a company’s departments and functions into a single computer system that services each department’s specific needs. It is, in a sense, a convergence of people, hardware, and software into an efficient production, service, and delivery system that creates profit for the company. While the idea is easy to grasp in theory, the reality has been different. Most companies have a conglomeration of different systems and procedures (as well as hardware and software) designed specifically for their own needs.…

    • 2556 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    The initials ERP originated as an extension of MRP (material requirements planning; later manufacturing resource planning) and CIM (Computer Integrated Manufacturing). It was introduced by research and analysis firm Gartner in 1990. ERP systems now attempt to cover all core functions of an enterprise, regardless of the organization's business or charter. These systems can now be found in non-manufacturing…

    • 12256 Words
    • 50 Pages
    Powerful Essays
  • Satisfactory Essays

    Ais 630

    • 686 Words
    • 3 Pages

    ERP are groups of software applications integrated to form enterprise information system. Workflows can be prescribed to automate approval processes through established chains of command. Etc etc etc...…

    • 686 Words
    • 3 Pages
    Satisfactory Essays