Reporting 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 Reporting flashcards as text
What is the primary purpose of an ERP consolidated financial report for a multi-entity organization?
Answer: Combine financial data from multiple business units into a single view
Consolidated reports eliminate intercompany transactions and merge subsidiary financials, giving leadership a unified picture of the entire organization.
Which report would a supply chain manager use to identify products that have not moved in over 90 days?
Answer: Slow-moving inventory report
A slow-moving inventory report flags items with low or no sales activity, helping managers reduce carrying costs and avoid obsolescence.
In ERP reporting, what does 'report bursting' refer to?
Answer: Automatically distributing report sections to different recipients based on data filters
Report bursting runs a single report once and distributes personalized sections to each stakeholder, reducing processing time and ensuring relevance.
A manager notices discrepancies between the ERP general ledger and a subsidiary report. What is the most likely cause?
Answer: Intercompany transactions were not properly eliminated during consolidation
Intercompany eliminations remove transactions between entities within the same organization; if missed, they cause double-counting and discrepancies.
Which ERP reporting approach allows managers to define their own report parameters without IT assistance?
Answer: Self-service or ad hoc reporting
Self-service reporting tools empower business users to build and filter reports independently, reducing the backlog for IT departments.
What metric does an ERP cash flow report primarily track?
Answer: The movement of cash in and out of the organization
A cash flow report shows operating, investing, and financing cash movements, helping management assess liquidity and solvency.
When a report shows data from multiple ERP modules (finance, HR, supply chain) in one view, it is called:
Answer: A cross-functional or cross-module report
Cross-functional reports integrate data from different ERP modules, providing a holistic view that supports strategic decisions spanning multiple departments.