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Test Bank For Concepts In Enterprise Resource Planning, 4th Edition

Test Bank For Concepts In Enterprise Resource Planning, 4th Edition provides a strong foundation in exam topics with a balance of theoretical knowledge and practical application.

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Chapter 1: Business Functions and Business ProcessesTRUE/FALSE1.One of the four functional areas of operation is Human Resources (HR).ANS:TPTS:1REF:22.Historically, businesses have had organizational structures that separated the functional areas, butbusiness schools have not been organized like that.ANS:FPTS:1REF:33.Information systems that are designed so functional areas share data are called integrated informationsystems.ANS:TPTS:1REF:44.Sales forecasts are historical records of sales.ANS:FPTS:1REF:75.The business process of Cash Flow Management is handled under the Accounting and Financefunctional area of operation.ANS:TPTS:1REF:2 | 76.The functional area of Supply Chain Management (SCM) sets prices.ANS:FPTS:1REF:7 | 97.When manufacturing runs out of raw materials, it’s known as a stockout.ANS:TPTS:1REF:118.To avoid stockouts, manufacturers might carry extra raw materials. This excess is known as safetystock.ANS:TPTS:1REF:119.Accounts receivable are recorded by the Human Resources department (HR).ANS:FPTS:1REF:1210.The business function of government compliance falls under the Supply Chain Management functionalarea of operation.ANS:FPTS:1REF:2 | 14MULTIPLE CHOICE1.Which of the following is a functional area of operation?

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Concepts In Enterprise Resource Pla...

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