Which term refers to business processes that are not executed by a single group or function?
- Silo Effect
- Cross-Functional
- Functional Structure
- Enterprise Systems
- Organizational Structure
Answer: b
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?
- ERP Effect
- Cross-Functional
- Functional Structure
- Enterprise Systems
- Silo Effect
Answer: e
Which system supports business processes end to end?
- Management System
- Accounting System
- Enterprise System
- Functional Structure
- Document System
Answer: c
Which of the following statements about business processes is true?
- They are executed across multiple functions
- They are initiated by some type of trigger
- They involve multiple steps.
- All of the above
- None of the above
Answer: d
Which term represents a set of tasks or activities that produce desired outcomes?
- Business Process
- Trigger
- Outcome
- Enterprise Resource Planning
- None of the above
Answer: a
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?
- Material Planning
- Procurement Process
- Production Process
- Fulfillment Process
- Lifecycle Data Management
Answer: b
Which process involves the actual creation of the products?
- Material Planning
- Procurement Process
- Production Process
- Fulfillment Process
- Lifecycle Data Management
Answer: c
Which process uses historical data and sales forecasts to plan which materials will be procured and produced?
- Material Planning
- Procurement Process
- Production Process
- Fulfillment Process
- Lifecycle Data Management
Answer: a
Which process supports the design and development of products from the initial product idea stage through the discontinuation of the product?
- Material Planning
- Procurement Process
- Production Process
- Fulfillment Process
- Lifecycle Data Management
Answer: e
Which process tracks the financial impact of process steps with the goal of meeting legal reporting requirements?
- Human Capital Management (HCM)
- Project Management
- Financial Accounting
- Management Accounting or Controlling (CO)
- None of the above
Answer: c
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?
- Human Capital Management (HCM)
- Project Management
- Financial Accounting
- Management Accounting or Controlling (CO)
- None of the above
Answer: b
Which process focuses on people within an organization and includes functions such as recruiting, hiring, training, and benefits management?
- Human Capital Management (HCM)
- Project Management
- Financial Accounting
- Management Accounting or Controlling (CO)
- None of the above
Answer: a
What is the final step of the procurement process?
- Invoice
- Purchase Requisition
- Purchase Order
- Payment
- None of the above
Answer: d
What steps are involved in the accounting portion of the procurement process?
- Receiving the materials and the invoice
- Creating the purchase requisition and sending payment
- Creating and sending the purchase order
- Creating the purchase requisition and receiving the materials
- Receiving the invoice and sending payment
Answer: c
What is the first step of the production process?
- Authorize Production
- Request Production
- Create Product
- Receive Finished Goods
- Issue Raw Materials
Answer: b
What function does the warehouse perform in the fulfillment process?
- Prepares and sends the shipment to the customer
- Communicates data related to the order to other parts of the organization
- Tracks the order
- Notifies the customer
- None of the above
Answer: a
is concerned with matching the demand for materials in the organization with the supply
- Business Planning
- The Silo Effect
- Project Management
- Material Planning
- None of the above
Answer: d
Which of the following is concerned with the storage and movement of materials?
- Business Planning
- Silo Effect
- Project Management
- Material Planning
- Inventory and warehouse management (IWM)
Answer: e
enables an organization to optimize its product development process, from design to market, while ensuring that it complies with industry, quality, and regulatory standards?
- Business Planning
- Lifecycle Data Management
- Project Management
- Material Planning
- None of the above
Answer: b
provides tools to manage and store documents securely and to keep track of the multiple versions of these documents?
- Document Management
- Enterprise Management
- Project Management
- Material Planning
- None of the above
Answer: a
How does GBI Global sell its merchandise?
- Directly to customers
- Via a network of specialized dealers
- Via the Internet
- All of the above
- None of the above
Answer: b
Which of the following statements about SAP R/3 is true?
- It supports a single function or department
- It is an end-to-end enterprise system
- Sharing data between departments is problematic
- None of the above
Answer: b
Within the financial structure, typical functions or departments found in a modern organization include which of the following?
- purchasing
- operations
- internships
- finance
- marketing
Answer: a, b, d, e
Which of the following are steps within a generic business process of an organization?
- Payment
- Trigger
- Shipment
- Outcome
- Confirmation
Answer: b, d
Which processes have an impact on an organization’s finances?
- Financial accounting processes
- Project management processes
- Management accounting or controlling processes
- Material planning process
- Procurement process
Answer: a, c
Which processes focus primarily on people and projects?
- Financial accounting processes
- Procurement process
- Production process
- Human capital management processes
- Project management processes
Answer: d, e
Which of the following are components of the procurement process?
- Warehouse
- Purchasing
- Sales
- Operations
- Accounting
Answer: a, b, e
Which of the following are components of the production (make) process?
- Sales
- Operations
- Warehouse
- Accounting
- Production
Answer: c, e
Which of the following are components of the fulfillment (sell) process?
- Sales
- Operations
- Warehouse
- Accounting
- Production
Answer: a, c, d