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ERP Fundamentals Flashcards

7 cards from real ERP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 ERP Fundamentals flashcards as text

  1. Which ERP implementation strategy involves running the old system and new ERP simultaneously for a period?

    Answer: Parallel running

    Parallel running keeps both legacy and new ERP systems active simultaneously so outputs can be compared and risks mitigated before full cutover.

  2. What is the primary function of the ERP General Ledger (GL) module?

    Answer: Record all financial transactions and produce financial statements

    The General Ledger is the central repository for all financial data, supporting the creation of balance sheets, income statements, and other financial reports.

  3. What does 'total cost of ownership' (TCO) include when evaluating an ERP system?

    Answer: License, implementation, training, maintenance, and upgrade costs over time

    TCO encompasses all direct and indirect costs over the ERP's lifetime, including implementation services, customization, training, support, and upgrades.

  4. In an ERP system, what is a 'master record'?

    Answer: Core reference data such as vendor, customer, or material information used across transactions

    Master records store foundational data (e.g., vendor master, material master) that is reused across multiple transactions and modules.

  5. Which ERP capability allows field service teams to access system data from mobile devices?

    Answer: Mobile ERP

    Mobile ERP extends system access to smartphones and tablets, enabling field workers to update orders, view inventory, and log time remotely.

  6. A 'configuration' in ERP differs from a 'customization' because configuration:

    Answer: Uses built-in system settings and parameters without changing underlying code

    Configuration adjusts ERP behavior through settings and parameters within the standard product, while customization involves coding changes that complicate upgrades.

  7. What is the role of an ERP 'super user' during and after implementation?

    Answer: A power user who receives advanced training and supports colleagues in their department

    Super users are trained deeply on specific modules and serve as internal experts who support peers, troubleshoot issues, and reduce dependence on external consultants.