Practice Test GeeksERP - Management Practice Test
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Management 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.

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  1. Which ERP management practice uses statistical models to predict future inventory needs based on historical sales data?

    Answer: Statistical forecasting

    Statistical forecasting applies algorithms like moving averages or exponential smoothing to historical data to generate demand predictions in ERP.

  2. What is the primary purpose of 'role-based access control' (RBAC) in ERP management?

    Answer: Ensuring users can only access functions and data relevant to their job role

    RBAC restricts ERP access based on job function to enforce segregation of duties, protect sensitive data, and maintain compliance.

  3. In ERP warehouse management, what does 'putaway strategy' refer to?

    Answer: Rules that determine where received goods are stored in the warehouse

    A putaway strategy directs the ERP to assign specific warehouse locations to incoming goods based on rules like product type, velocity, or zone.

  4. Which ERP management concept involves sharing inventory risk between a supplier and retailer where the supplier owns goods until sold?

    Answer: Consignment inventory

    In consignment inventory, the supplier retains ownership until the retailer sells the item, reducing the retailer's capital at risk.

  5. What is 'management by exception' in the context of ERP reporting?

    Answer: Focusing management attention only on metrics that deviate significantly from targets

    Management by exception uses ERP dashboards and alerts to surface only the variances that require human attention, reducing information overload.

  6. In ERP human capital management, what is the 'span of control'?

    Answer: The number of direct reports a manager is responsible for supervising

    Span of control defines how many employees report to a single manager, influencing organizational hierarchy setup in ERP HCM modules.

  7. Which ERP management method evaluates supplier performance using criteria such as quality, delivery, cost, and service?

    Answer: Supplier scorecard

    A supplier scorecard aggregates KPIs across multiple performance dimensions to objectively rate and compare vendors over time.