Question 1

Businesses typically have many systems, some internally developed, some purchased, and others acquired. Businesses want these systems to communicate with one another and provide users with easier access to data. There are three systems configurations that consolidate and coordinate data across multiple locations. These three include centralized systems, decentralized systems, and distributed systems. Each configuration has advantages and disadvantages. Which of the following is an advantage of centralized systems?
A) It is the easiest to set up.
B) If one system fails, the other systems can still process transactions.
C) Communication among the users is increased since they are all connected.
D) It promotes easier incremental growth or scalability of systems.

Accepted Answer

CCentralized systems are advantageous because they are generally easier to set up compared to decentralized or distributed systems. This is because all resources and data management are concentrated in a single location, simplifying the initial configuration and ongoing management. Additionally, centralized systems can increase communication among users since they are all connected to a single, central system, facilitating easier access to shared data and resources.

Question 2

Businesses typically have many systems, some internally developed, some purchased, and others acquired. Businesses want these systems to communicate with one another and provide users with easier access to data. There are three systems configurations that consolidate and coordinate data across multiple locations. These three include centralized systems, decentralized systems, and distributed systems. Each configuration has advantages and disadvantages. Which of the following is an advantage of centralized systems?
A) Data is easy to access for authorized users.
B) If one system fails, the other systems can still process transactions.
C) Communication among the users is increased since they are all connected.
D) It promotes easier incremental growth or scalability of systems.

Accepted Answer

Centralized systems concentrate data and applications in a single location, making it easier for authorized users to access the data they need. This configuration simplifies data management and security but contrasts with decentralized or distributed systems where data and processing are spread across multiple locations.

Question 3

Businesses typically have many systems, some internally developed, some purchased, and others acquired. Businesses want these systems to communicate with one another and provide users with easier access to data. There are three systems configurations that consolidate and coordinate data across multiple locations. These three include centralized systems, decentralized systems, and distributed systems. Each configuration has advantages and disadvantages. Which of the following is an advantage of centralized systems?
A) Cost is lower, as there is only one central location to be maintained.
B) If one system fails, the other systems can still process transactions.
C) Communication among the users is increased since they are all connected.
D) It promotes easier incremental growth or scalability of systems.

Accepted Answer

Centralized systems have the advantage of lower costs because there is only one central location to maintain, reducing the complexity and expense of managing multiple systems.

Question 4

Businesses typically have many systems, some internally developed, some purchased, and others acquired. Businesses want these systems to communicate with one another and provide users with easier access to data. There are three systems configurations that consolidate and coordinate data across multiple locations. These three include centralized systems, decentralized systems, and distributed systems. Each configuration has advantages and disadvantages. Which of the following is an advantage of decentralized systems?
A) Cost is lower, as there is only one central location to be maintained.
B) If one system fails, the other systems can still process transactions.
C) Communication among the users is increased since they are all connected.
D) It promotes easier incremental growth or scalability of systems.

Accepted Answer

Decentralized systems have the advantage that if one system fails, the other systems can still process transactions, providing greater fault tolerance and reliability.

Question 5

Businesses typically have many systems, some internally developed, some purchased, and others acquired. Businesses want these systems to communicate with one another and provide users with easier access to data. There are three systems configurations that consolidate and coordinate data across multiple locations. These three include centralized systems, decentralized systems, and distributed systems. Each configuration has advantages and disadvantages. Which of the following is an advantage of decentralized systems?
A) Cost is lower, as there is only one central location to be maintained.
B) Higher responsiveness from the system at remote locations, as they have their own system to process and retrieve their data.
C) Communication among the users is increased since they are all connected.
D) It promotes easier incremental growth or scalability of systems.

Accepted Answer

Decentralized systems provide higher responsiveness at remote locations because each location has its own system to process and retrieve data, reducing dependency on a central system.

Question 6

Businesses typically have many systems, some internally developed, some purchased, and others acquired. Businesses want these systems to communicate with one another and provide users with easier access to data. There are three systems configurations that consolidate and coordinate data across multiple locations. These three include centralized systems, decentralized systems, and distributed systems. Each configuration has advantages and disadvantages. Which of the following is an advantage of decentralized systems?
A) Cost is lower, as there is only one central location to be maintained.
B) Reduction in processing bottlenecks as employees aren't competing for processing power.
C) Communication among the users is increased since they are all connected.
D) It promotes easier incremental growth or scalability of systems.

Accepted Answer

Decentralized systems reduce processing bottlenecks because processing is distributed across multiple locations, allowing employees to access resources without competing for a single central processing power.

Question 7

Businesses typically have many systems, some internally developed, some purchased, and others acquired. Businesses want these systems to communicate with one another and provide users with easier access to data. There are three systems configurations that consolidate and coordinate data across multiple locations. These three include centralized systems, decentralized systems, and distributed systems. Each configuration has advantages and disadvantages. Which of the following is an advantage of distributed systems?
A) Cost is lower, as there is only one central location to be maintained.
B) Reduction in processing bottlenecks as employees aren't competing for processing power.
C) Communication among the users is increased since they are all connected.
D) If one system fails, the other systems can still process transactions.

Accepted Answer

The answer of Businesses typically have many systems, some internally...

Question 8

Businesses typically have many systems, some internally developed, some purchased, and others acquired. Businesses want these systems to communicate with one another and provide users with easier access to data. There are three systems configurations that consolidate and coordinate data across multiple locations. These three include centralized systems, decentralized systems, and distributed systems. Each configuration has advantages and disadvantages. Which of the following is an advantage of distributed systems?
A) Cost is lower, as there is only one central location to be maintained.
B) Reduction in processing bottlenecks as employees aren't competing for processing power.
C) It promotes easier incremental growth or scalability of systems.
D) If one system fails, the other systems can still process transactions.

Accepted Answer

Distributed systems allow for easier incremental growth or scalability because they can be expanded by adding more nodes or systems without significant changes to the existing infrastructure.

Question 9

Businesses typically have many systems, some internally developed, some purchased, and others acquired. Businesses want these systems to communicate with one another and provide users with easier access to data. There are three systems configurations that consolidate and coordinate data across multiple locations. These three include centralized systems, decentralized systems, and distributed systems. Each configuration has advantages and disadvantages. Which of the following is an advantage of distributed systems?
A) Cost is lower, as there is only one central location to be maintained.
B) Reduction in processing bottlenecks as employees aren't competing for processing power.
C) Real-time transaction details are more readily available to users. Access and processing speed are faster because processing workload is spread across the system.
D) If one system fails, the other systems can still process transactions.

Accepted Answer

Distributed systems provide faster access and processing speed because the processing workload is spread across multiple systems, allowing real-time transaction details to be more readily available to users.

Question 10

ERP systems are complex and expensive technology. The integration of all systems into a unified ERP system has certain goals. One goal is improved data transparency and quality. What is the best definition of improved data transparency and quality?
A) All the business data resides in one single system, making it accessible to authorized users who need it to perform their tasks.
B) While the initial implementation cost and any customization of an ERP system are expensive, the long-term costs may be less associated with owning one system, as opposed to multiple systems.
C) With the availability of real-time data all in one place, it simplifies the collection, analysis, and reporting of business data and improves business decisions.
D) With the continuous collection, analysis, and reporting of business data, management can better benchmark the business against its competitors.

Accepted Answer

C  Improved data transparency and quality means that all business data is centralized in one system (A), making it accessible to authorized users, and the availability of real-time data simplifies data handling and improves decision-making (C).

Question 11

ERP systems are complex and expensive technology. The integration of all systems into a unified ERP system has certain goals. One goal is future cost savings. What is the best definition of future cost savings?
A) All the business data resides in one single system, making it accessible to authorized users who need it to perform their tasks.
B) While the initial implementation cost and any customization of an ERP system are expensive, the long-term costs may be less associated with owning one system, as opposed to multiple systems.
C) With the availability of real-time data all in one place, it simplifies the collection, analysis, and reporting of business data and improves business decisions.
D) With the continuous collection, analysis, and reporting of business data, management can better benchmark the business against its competitors.

Accepted Answer

Future cost savings in the context of ERP systems refer to the reduction in long-term costs that can be achieved by consolidating multiple systems into a single ERP system, despite the high initial costs of implementation and customization.

Question 12

ERP systems are complex and expensive technology. The integration of all systems into a unified ERP system has certain goals. One goal is increased business efficiency. What is the best definition of increased business efficiency?
A) All the business data resides in one single system, making it accessible to authorized users who need it to perform their tasks.
B) While the initial implementation cost and any customization of an ERP system are expensive, the long-term costs may be less associated with owning one system, as opposed to multiple systems.
C) With the availability of real-time data all in one place, it simplifies the collection, analysis, and reporting of business data and improves business decisions.
D) With the continuous collection, analysis, and reporting of business data, management can better benchmark the business against its competitors.

Accepted Answer

Increased business efficiency through ERP systems is best defined by the simplification of data collection, analysis, and reporting, which improves business decisions. This is because having real-time data in one place enhances operational efficiency by streamlining processes and enabling better decision-making.

Question 13

ERP systems are complex and expensive technology. The integration of all systems into a unified ERP system has certain goals. One goal is quality improvement. What is the best definition of quality improvement?
A) All the business data resides in one single system, making it accessible to authorized users who need it to perform their tasks.
B) While the initial implementation cost and any customization of an ERP system are expensive, the long-term costs may be less associated with owning one system, as opposed to multiple systems.
C) With the availability of real-time data all in one place, it simplifies the collection, analysis, and reporting of business data and improves business decisions.
D) With the continuous collection, analysis, and reporting of business data, management can better benchmark the business against its competitors.

Accepted Answer

The answer of ERP systems are complex and expensive technology....

Question 14

ERP systems are complex and expensive technology. The integration of all systems into a unified ERP system has certain goals. One goal is automating routine business processes. What is the best definition of automating routine business processes?
A) By embedding best practices within the software infrastructure for accounting, payroll, inventory management, and purchasing, for example, the company can save money and increase efficiency.
B) While the initial implementation cost and any customization of an ERP system are expensive, the long-term costs may be less associated with owning one system, as opposed to multiple systems.
C) With the availability of real-time data all in one place, it simplifies the collection, analysis, and reporting of business data and improves business decisions.
D) With the continuous collection, analysis, and reporting of business data, management can better benchmark the business against its competitors.

Accepted Answer

Automating routine business processes involves embedding best practices within the software infrastructure for various business functions like accounting and inventory management, which leads to cost savings and increased efficiency.

Question 15

Successful ERP systems support the core business processes in a company's operations. Every function within the ERP is called a module. What is the best definition of the financial module?
A) The most important ERP module that captures accounting data and generates financial documents, including financial statements, tax forms, and receipts.
B) Coordinates the entire supply chain, from purchasing of raw materials and supplies to inventory management and warehousing.
C) Manages production activities including machine operations and scheduling.
D) Captures and stores all customer information.

Accepted Answer

The financial module in an ERP system is designed to capture all accounting data and generate various financial documents such as financial statements, tax forms, and receipts, making it crucial for managing the financial aspects of a business.

Question 16

Successful ERP systems support the core business processes in a company's operations. Every function within the ERP is called a module. What is the best definition of the supply chain management module?
A) The most important ERP module that captures accounting data and generates financial documents, including financial statements, tax forms, and receipts.
B) Coordinates the entire supply chain, from purchasing of raw materials and supplies to inventory management and warehousing.
C) Manages production activities including machine operations and scheduling.
D) Captures and stores all customer information.

Accepted Answer

The supply chain management module in an ERP system is designed to coordinate the entire supply chain, including purchasing of raw materials, inventory management, and warehousing, to ensure efficient and effective supply chain operations.

Question 17

Successful ERP systems support the core business processes in a company's operations. Every function within the ERP is called a module. What is the best definition of the production module?
A) The most important ERP module that captures accounting data and generates financial documents, including financial statements, tax forms, and receipts.
B) Coordinates the entire supply chain, from purchasing of raw materials and supplies to inventory management and warehousing.
C) Manages production activities including machine operations and scheduling.
D) Captures and stores all customer information.

Accepted Answer

The production module in an ERP system is specifically designed to manage production activities, including the operations of machines and the scheduling of production tasks, ensuring efficient production processes.

Question 18

Successful ERP systems support the core business processes in a company's operations. Every function within the ERP is called a module. What is the best definition of the customer relationships management (CRM) module?
A) The most important ERP module that captures accounting data and generates financial documents, including financial statements, tax forms, and receipts.
B) Coordinates the entire supply chain, from purchasing of raw materials and supplies to inventory management and warehousing.
C) Manages production activities including machine operations and scheduling.
D) Captures and stores all customer information.

Accepted Answer

The CRM module is designed to capture and store all customer information, facilitating better customer service and relationship management. This includes tracking customer interactions, sales, and feedback to improve business relationships.

Question 19

Successful ERP systems support the core business processes in a company's operations. Every function within the ERP is called a module. What is the best definition of the sales management module?
A) Tracks orders from the time they are received from customers through shipment of products.
B) Coordinates the entire supply chain, from purchasing of raw materials and supplies to inventory management and warehousing.
C) Manages production activities including machine operations and scheduling.
D) Captures and stores all customer information.

Accepted Answer

The sales management module in an ERP system is designed to track orders from the moment they are received from customers through to the shipment of products, ensuring efficient order processing and customer satisfaction.

Question 20

Successful ERP systems support the core business processes in a company's operations. Every function within the ERP is called a module. What is the best definition of the human resources management (HRM) module?
A) The most important ERP module that captures accounting data and generates financial documents, including financial statements, tax forms, and receipts.
B) Manages detailed employee records, training and development, and even time tracking.
C) Manages production activities including machine operations and scheduling.
D) Captures and stores all customer information.

Accepted Answer

The HRM module in an ERP system focuses on managing employee-related processes such as maintaining employee records, managing payroll, tracking employee training and development, and monitoring time and attendance.

Quiz 4: Software and Systems

ERP systems are complex and expensive technology. The integration of all systems into a unified ERP system has certain goals. One goal is improved data transparency and quality. What is the best definition of improved data transparency and quality?

ERP systems are complex and expensive technology. The integration of all systems into a unified ERP system has certain goals. One goal is future cost savings. What is the best definition of future cost savings?

ERP systems are complex and expensive technology. The integration of all systems into a unified ERP system has certain goals. One goal is increased business efficiency. What is the best definition of increased business efficiency?

ERP systems are complex and expensive technology. The integration of all systems into a unified ERP system has certain goals. One goal is quality improvement. What is the best definition of quality improvement?

ERP systems are complex and expensive technology. The integration of all systems into a unified ERP system has certain goals. One goal is automating routine business processes. What is the best definition of automating routine business processes?

Successful ERP systems support the core business processes in a company's operations. Every function within the ERP is called a module. What is the best definition of the financial module?

Successful ERP systems support the core business processes in a company's operations. Every function within the ERP is called a module. What is the best definition of the supply chain management module?

Successful ERP systems support the core business processes in a company's operations. Every function within the ERP is called a module. What is the best definition of the production module?

Successful ERP systems support the core business processes in a company's operations. Every function within the ERP is called a module. What is the best definition of the customer relationships management (CRM) module?

Successful ERP systems support the core business processes in a company's operations. Every function within the ERP is called a module. What is the best definition of the sales management module?

Successful ERP systems support the core business processes in a company's operations. Every function within the ERP is called a module. What is the best definition of the human resources management (HRM) module?