Chapter 8 Quiz

Chapter 8 Quiz A(n) _____ is central to individuals and organizations of all sizes and ensures that information can be shared across all business functions and all levels of management to support the running and managing of a business. Group of answer choices enterprise system procurement system transaction processing system batch processing system With _____, business transactions are accumulated over a period of time for processing in a single unit. Group of answer choices real-time transaction processing systems on-demand processing systems batch processing systems online transaction processing systems Which of the following transactions definitely require online transaction processing and cannot work on batch processing approach? Group of answer choices Vendor payments Payroll Customer billing Stock investments In the context of purchasing systems involved in the traditional transaction processing systems, when a(n) _____ arrives from a supplier, it is matched to the original order and the receiving report, and a check is generated if all data is complete and consistent. Group of answer choices request for quotation order pick list Invoice A small and medium-sized enterprise (SME) is a legally independent enterprise with _____ employees. Group of answer choices up to 500 more than 1000 more than 500 but less than 1000 up to 700 _____ involves reentering data that was not typed or scanned correctly. Group of answer choices Data encryption Data manipulation Data correction Data editing Payroll transactions and billing are typically done via _____. Group of answer choices batch processing grid processing online analytical processing (OLAP) online transaction processing (OLTP) A key feature of an enterprise system is that _________. Group of answer choices it is exclusive to small and medium-sized enterprises (SMEs) it is only used by large organizations it helps a business function isolate information other functions and other levels of management. it employs a database of key operational and planning data that can be shared by all Manufacturing enterprise resource planning (ERP) systems follow a systemic process for developing a production plan that starts with _______ to develop an estimate of future customer demand. Group of answer choices demand planning inventory control cash flow forecasting sales forecasting Purchasing uses information from the _____ to place purchase orders for raw materials with qualified suppliers. Group of answer choices detailed scheduling plan sales and operations plan sales ordering plan materials requirement plan Which of the following statements is true of product lifecycle management (PLM) software? Group of answer choices It secures data so that changes cannot be made early in the product design process. It is frequently employed by non-manufacturing organizations. It provides documents required for FDA and environmental compliance. It distributes data only to the employees of an organization. Suppose a small business is using the model for its enterprise software. Which of the following be an issue they will he worried about? Group of answer choices employing full-time IT professionals to manage its resources promoting and selling their products and services managing the hiring processes designing of their products and services Which of these is an advantage of the hosted software model? Group of answer choices Increased total cost of ownership Faster system start-up Consistent reliability Data security Suppose a business with annual sales revenue of $30 million wishes to use an ERP solution. Which ERP vendor will have the most appropriate solution for them? Group of answer choices Tier I vendors such as SAP or Oracle. Tier III vendors such as Abas or Bluebee software. Vendors from all three tiers would be appropriate. Tier II vendors such as Epicor or Lawson. _____ is the use of software to assist in the creation, analysis, and modification of the design of a component or product. Group of answer choices Software-aided design Program-aided design Computer-aided design Application-aided design A customer relationship management (CRM) system helps a company in managing ______. Group of answer choices product development and manufacturing distribution and accounting human resources and finance material sourcing and procurement The information about invoices to customers is tracked by ____ system. Group of answer choices value chain system transaction processing system product lifecycle management supply chain management In batch processing systems, data processing is done _______ data capture. Group of answer choices some time later than immediately after some time before immediately before Which of the following types of processing is essential for businesses that require access to current data such as airlines, ticket agencies, and stock investment firms? Group of answer choices Business intelligence processing Multiple unit processing Online transaction processing Batch processing As an organization’s purchasing systems generate purchase orders and the items ordered are received, information is sent to the _____ system to manage the amounts owed by the organization. Group of answer choices inventory control accounts receivable accounts payable invoicing