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[EXAM 1] Data integrity refers to the accuracy and consistency of date over its lifecycle. Why does this matter? correct answers Garbage in, garbage out Finished goods are which of the following? correct answers Materials manufactured by a company Any organized system for the collection, orga...

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BUS 301 Final Exam || with Errorless Solutions 100%.
[EXAM 1] Data integrity refers to the accuracy and consistency of date over its lifecycle. Why
does this matter? correct answers Garbage in, garbage out

Finished goods are which of the following? correct answers Materials manufactured by a
company

Any organized system for the collection, organization, storage, and communication of
information is which of the following? correct answers An information system

Storage location is the organization level within a plant where ____ correct answers the quality
of material is tracked

What is an ERP system? correct answers Provides the/an organization with the ability to
integrate most, if not all, of the functional areas of an organization in a single database

When a material is moved into inventory, either through purchasing or as an output from
manufacturing, the process is referred to as which of the following? correct answers Goods
receipt

Successful companies have strategy, goals, and measurements that are which of the following?
correct answers Aligned

Trading goods, raw materials, and finished goods are all examples of which of the following
business type? correct answers Material type

We create master data by completing the required views. When we want to add a new view to an
existing master data record which of the following is performed? correct answers Extend the
record

Which of the following would be a good option to automate in business? correct answers
Business processes that are structured and do not require human judgement to make a decision

Linking applications within an organization in order to simplify and automate business processes
through the sharing of data is an example of which of the following? correct answers Integration

The largest ERP software company is which of the following? correct answers SAP

Efficiency is best described as: correct answers how well a company executes a standard process

The materials that we store in inventory that are used as an input to the manufacturing process
are referred to as? correct answers Raw materials

Transactional data can also be viewed as which of the following? correct answers History of
what has been done

, Transactional data captures the details of business activities. The transactional data are elements
of date, time, who entered the info and the specific event number. What else must be included in
a business transaction? correct answers Both relevant master data and relevant organization
structure data

Configuration is which of the following? correct answers Tasks associated with the setup of a
company's specific business rules and processes

SAP inventory management relies on the organizational data. Which levels are required for
inventory management? correct answers Plant/storage location levels

What contains all the information a company needs to manage a material? It contains
descriptions of the materials a company procures, produces, and stores. correct answers Material
master record

The SAP system asserts business structure and dictates the behavior of the business. Which of
the following represents what we call these controls? correct answers Business rules

The term "functional silos" can be designed as an organization which: correct answers is
managed as several standalone business functions

When searching for master data in the exercises, what field can you enter in you number to filter
on only your data? correct answers Search term

A business must consider how they consume a material, who consumes it, where is comes from,
and if they sell it. These characteristics of a material are defined where? correct answers Material
type

Effectiveness is best described as: correct answers how well a process supports the
organizational goals of a company

There are 3 basic kinds of data used in this course. Which one is NOT one of the 3? correct
answers Market data

SAP requires a structure that represents the enterprise. This structure defines various levels in an
organization. These structures subdivide the various organizational unites that, for legal or
business reasons, group items together. What do we call this structure? correct answers
Organizational structure

There is time during processes when latency happens. Good or bad? correct answers Bad -
latency is a time when nothing happens

All of the following are true regarding stock items except: correct answers they are generally
things for office use such as cups and milk

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