MIS Enterprise Resource Planning 2

Question 1

In ERP terminology, what is a 'module'?

Accepted Answer

A specific functional area covered by the ERP system

Answer

ERP modules are distinct functional components covering specific business areas like finance, HR, manufacturing, or procurement.

Question 2

Which ERP module manages accounts payable, accounts receivable, and general ledger?

Accepted Answer

Financial Accounting module

Answer

The Financial Accounting module in ERP handles core accounting functions including accounts payable, accounts receivable, and general ledger.

Question 3

What is 'business process reengineering' in the context of ERP implementation?

Accepted Answer

Redesigning workflows to align with ERP best practices

Answer

Business process reengineering involves redesigning organizational workflows to align with the standardized best practices built into ERP systems.

Question 4

Cloud-based ERP systems are also known as:

Accepted Answer

SaaS ERP (Software as a Service)

Answer

Cloud-based ERP systems are delivered as Software as a Service (SaaS), hosted by the vendor and accessed via the internet.

Question 5

Which factor most significantly contributes to ERP implementation failure?

Accepted Answer

Lack of top management support and poor change management

Answer

Research consistently shows that lack of executive sponsorship and poor change management are the leading causes of ERP implementation failure.

MIS - Management Information Systems Practice Test