MISY 5340 ERP Overview - Complete Solutions

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MISY 5340 ERP Overview - Complete Solutions For Every Question

  • Which term refers to business processes that are not executed by
  • a single group or function?

  • Silo Effect
  • Cross-Functional
  • Functional Structure
  • Enterprise Systems Correct Answer - B) Cross-Functional
  • 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
  • Silo Effect
  • Cross-Functional
  • Functional Structure Correct Answer - B) Silo Effect
  • Which system supports business process end to end?
  • Enterprise System
  • Management System
  • Functional Structure
  • Document System Correct Answer - A) Enterprise System
  • Which of the following statements about business process is true?
  • They are executed across multiple functions
  • They are initiated by some type of trigger
  • They involve multiple steps
  • All of the above Correct Answer - D) All of the above
  • Which term represents a set of tasks or activities that produce
  • desired outcomes?

  • Business Process 1 / 4
  • Trigger
  • Outcome
  • None of the above Correct Answer - A) Business Process
  • 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 Correct Answer - B) Procurement
  • Process

  • Which process involves the actual creation of the products?
  • Production Process
  • Material Planning
  • Procurement Process
  • Fulfillment Process Correct Answer - A) Production Process
  • 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 Correct Answer - A) Material Planning
  • Which process supports the design and development of products
  • from the initial product idea stage through the discontinuation of the product?

  • Material Planning
  • Lifecycle Data Management
  • Production Process
  • Fulfillment Process Correct Answer - B) Lifecycle Data
  • Management 2 / 4

  • Which process tracks the financial impact of process steps with
  • the goal of meeting legal reporting requirements?

  • Financial Accounting
  • Human Capital Management
  • Project Management
  • Management Accounting or Controlling Correct Answer - A)
  • Financial Accounting

  • 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
  • Project Management
  • Financial Accounting
  • Management Accounting or Controlling Correct Answer - B)
  • Project Management

  • Which process focuses on people within an organization and
  • includes functions such as recruiting, hiring, training, and benefits management?

  • Human Capital Management
  • Project Management
  • Financial Accounting
  • Management Accounting or Controlling Correct Answer - A)
  • Human Capital Management

  • What steps are involved in the accounting portion of the
  • procurement process?

  • Receiving the materials and the invoice B) Creating and sending
  • the purchase order

  • Creating the purchase requisition and receiving the materials
  • Receiving the invoice and sending payment Correct Answer -
  • Receiving the invoice and sending payment 3 / 4
  • What is the first step of the production process?
  • Authorize Production
  • Request Production
  • Create Product
  • Issue Raw Materials Correct Answer - B) Request
  • Production

  • What is the final step of the procurement process?
  • Invoice
  • Purchase Requisition
  • Purchase Order
  • Payment Correct Answer - D) Payment
  • 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 Correct Answer - A) Prepares and
  • sends the shipment to the customer

  • ___ is concerned with matching the demand for materials in the
  • organization with the supply.

  • Business Planning
  • The Silo Effect
  • Project Management
  • Material Planning Correct Answer - D) Material Planning
  • Which of the following is concerned with the storage and
  • movement of materials

  • Business Planning
  • Silo Effect
  • / 4

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Category: Study Guides
Added: Aug 19, 2025
Description:

MISY 5340 ERP Overview - Complete Solutions For Every Question 1. Which term refers to business processes that are not executed by a single group or function? A) Silo Effect B) Cross-Functional C) ...

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