Question 1

Data mining typically focuses on the operational databases.

Accepted Answer

A) True 
 B)False

Question 2

Efficient supply-chain management provides firms with a competitive advantage.

Accepted Answer

A) True 
 B)False

Question 3

Auditors of ERP systems

Accepted Answer

A)   are concerned about segregation of duties just as they would be in traditional systems.
B)   focus on output controls such as independent verification because internal processing controls are known to be correct since best practices are used.
C)   routinely audit data in the data warehouse because it is know to be clean and free from errors.
D)   need not review access levels granted to users since these are determined when the system is configured and never change.E) A) and B)
F) B) and D)

Question 4

If a chosen ERP cannot handle a specific company process bolt-on software may be available.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following is NOT as a risk associated with ERP implementation?

Accepted Answer

A)   A drop in firm performance after implementation because the firm looks and works differently than it did while using a legacy system.
B)   Implementing companies have found that staff members, employed by ERP consulting firms, do not have sufficient experience in implementing new systems.
C)   Implementing firms fail to select systems that properly support their business activities.
D)   The selected system does not adequately meet the adopting firm's economic growth.
E)   ERPs are too large, complex, and generic for them to be well integrated into most company cultures.F) B) and D)
G) B) and C)

Question 6

Internal efficiency is cited as one reason for separating the data warehouse from the operational database.Explain.

Accepted Answer

The structural and operational requireme...

Question 7

Drill-down capability is an OLAP feature of data mining tools.

Accepted Answer

A) True 
 B)False

Question 8

What is a role?

Accepted Answer

It is the task an individual p...

Question 9

Why must a data warehouse include both detail and summary data?

Accepted Answer

Many decision makers need similar inform...

Question 10

Supply chain management software

Accepted Answer

A)   is typically under the control of external partners in the chain.
B)   links all of the partners in the chain, including vendors, carriers, third-party firms, and information systems providers.
C)   cannot be integrated into an overall ERP.
D)   none of the aboveE) C) and D)
F) B) and D)

Question 11

How does a data warehouse help the external auditor perform the audit?

Accepted Answer

One of the key procedures performed by t...

Question 12

A closed database architecture shares data easily.

Accepted Answer

A) True 
 B)False

Question 13

What is an access control list?

Accepted Answer

It is a technique fo...

Question 14

Describe the two-tier client server model.

Accepted Answer

In a two-tier architecture,the server ha...

Question 15

Which statement is LEAST accurate?

Accepted Answer

A)   Implementing an ERP system has as much to do with changing the way an organization does business than it does with technology.
B)   The big-bang approach to ERP implementation is generally riskier than the phased in approach.
C)   To take full advantage of the ERP process, reengineering will need to occur.
D)   A common reason for ERP failure is that the ERP does not support one or more important business processes of the organizationE) C) and D)
F) B) and C)

Question 16

How can a firm acquire bolt-on software? What are the options?

Accepted Answer

When a firm needs additional function no...

Question 17

What is the client-server model?

Accepted Answer

The client-server model is a form of net...

Question 18

How are OLTP and OLAP different? Give examples of their use.

Accepted Answer

On-line transaction processing (OLTP)inv...

Question 19

What is the closed database architecture?

Accepted Answer

The closed database architecture is simi...

Question 20

A problem with RBAC is that managers tend to create unnecessary roles

Accepted Answer

A) True 
 B)False

Exam 11: Enterprise Resource Planning Systems

Data mining typically focuses on the operational databases.

Correct AnswerverifiedShow Answer

Why must a data warehouse include both detail and summary data?

Correct AnswerverifiedMany decision makers need similar inform...View AnswerShow Answer

Drill-down capability is an OLAP feature of data mining tools.

Correct AnswerverifiedShow Answer

Auditors of ERP systems

Correct AnswerverifiedShow Answer

If a chosen ERP cannot handle a specific company process bolt-on software may be available.

Correct AnswerverifiedShow Answer

A problem with RBAC is that managers tend to create unnecessary roles

Correct AnswerverifiedShow Answer

A closed database architecture shares data easily.

Correct AnswerverifiedShow Answer

Efficient supply-chain management provides firms with a competitive advantage.

Correct AnswerverifiedShow Answer

How can a firm acquire bolt-on software? What are the options?

Correct AnswerverifiedWhen a firm needs additional function no...View AnswerShow Answer

Internal efficiency is cited as one reason for separating the data warehouse from the operational database.Explain.

Correct AnswerverifiedThe structural and operational requireme...View AnswerShow Answer

What is the client-server model?

Correct AnswerverifiedThe client-server model is a form of net...View AnswerShow Answer

Which of the following is NOT as a risk associated with ERP implementation?

Correct AnswerverifiedShow Answer

What is an access control list?

Correct AnswerverifiedIt is a technique fo...View AnswerShow Answer

Supply chain management software

Correct AnswerverifiedShow Answer

Which statement is LEAST accurate?

Correct AnswerverifiedShow Answer

How are OLTP and OLAP different? Give examples of their use.

Correct AnswerverifiedOn-line transaction processing (OLTP)inv...View AnswerShow Answer

What is a role?

Correct AnswerverifiedIt is the task an individual p...View AnswerShow Answer

What is the closed database architecture?

Correct AnswerverifiedThe closed database architecture is simi...View AnswerShow Answer

Describe the two-tier client server model.

Correct AnswerverifiedIn a two-tier architecture,the server ha...View AnswerShow Answer

How does a data warehouse help the external auditor perform the audit?

Correct AnswerverifiedOne of the key procedures performed by t...View AnswerShow Answer

Correct Answer
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Correct Answer
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Many decision makers need similar inform...
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Correct Answer
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Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
When a firm needs additional function no...
View Answer

Correct Answer
verified
The structural and operational requireme...
View Answer

Correct Answer
verified
The client-server model is a form of net...
View Answer

Correct Answer
verified

Correct Answer
verified
It is a technique fo...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
On-line transaction processing (OLTP)inv...
View Answer

Correct Answer
verified
It is the task an individual p...
View Answer

Correct Answer
verified
The closed database architecture is simi...
View Answer

Correct Answer
verified
In a two-tier architecture,the server ha...
View Answer

Correct Answer
verified
One of the key procedures performed by t...
View Answer