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MISY 3310 - Enterprise Resource Planning (1). $7.99   Add to cart

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MISY 3310 - Enterprise Resource Planning (1).

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MISY 3310 - Enterprise Resource Planning (1).

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  • July 19, 2024
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  • 2023/2024
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MISY 3310 - Enterprise Resource Planning
Of the following software packages integrated into an enterprise resource planning system,
which one is used by engineers in the design process? - ANS-CAD software

One of the first computer aided design programs ever developed was also among the first to be
integrated into ERP systems. This popular program is - ANS-AutoCAD

What aspect of today's business environment is central to the need for robust transaction
management processing systems? - ANS-proliferation of e-commerce-based organizations

Integrating transaction processing systems (TPS) with ERP allows organizations to streamline
services but does not reduce labor costs. - ANS-False
The streamlined nature of transaction reporting allows the services of accounts receivable or
payroll to be reduced or eliminated and saves labor costs.

A key component, and major advantage, of an ERP is its - ANS-centralized database.

While ERP systems offer many competitive advantages to users, particularly those in upper
management, a significant disadvantage is their - ANS-high costs.

Accounting management systems give organizations the ability to measure cash flows,
calculate tax liabilities, maintain compliance to legal and accounting regulations, and optimize
profitability. - ANS-False
The systems that enable organizations to measure cash flows, calculate tax liabilities, maintain
compliance to legal and accounting regulations, and optimize profitability are financial
management systems, not accounting management systems.

Human resource management includes subjectivity and therefore cannot be meaningfully
included in enterprise resource management (ERP) systems. - ANS-False
ERP systems include modules that provide human resources information and technology. These
modules serve as a single source of connectivity and data exchange for personnel-related
information.

ERP software integrates several software packages into a single platform. Which of the
following software packages stores employee compensation and performance information? -
ANS-HRM software

Users often find it difficult to implement or even comprehend a new ERP system without
significant training because of ERPs' steep - ANS-learning curves.

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