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1 Which of the following statements is false about cloud-based ERP systems? The

ID: 2424629 • Letter: 1

Question

1

Which of the following statements is false about cloud-based ERP systems?

The system can be used from any location that provides Internet access.

It is not clear whether cloud-based ERP systems are more secure than on-premise systems.

Companies that adopt cloud-based ERP systems sacrifice their control over a strategic IT resource.

Cloud-based ERP solutions are not scalable.

None of these answers are correct.

2

Which of the following statements is not true about BPM?

All of these are true statements about BPM.

Business process re-engineering is one of its complimentary approaches.

It uses process models to design and analyze business operations.

Continuous process improvement is one of its complimentary approaches.

It is a body of methods to design, analyze, execute and monitor business processes involving humans, software, information and physical artifacts.

3

In most companies, specific authorization is required for all of the following except:

write off of an uncollectible account receivable

sales on account which exceed the credit limit

sales of goods at the list price

none of these answers are correct

a cash refund for goods returned without a receipt

4

Which of the following processes originates in the warehouse and ends in the accounting department.

procurement

None of the choices are correct

logistics

fulfillment

production

5

The following business function is normally within the ____________ functional area of operation:

-- Purchasing goods and raw materials

Human Resources

Marketing and Sales

Supply Chain Management

Accounting and Finance

Legal and Regulatory

6

Which of the following is not a major cause of ERP implementation failure?

Failure to involve affected employees in the the planning phases of the project.

Outsourcing the data conversion and testing phases for the new system.

Trying to do too much too fast in the conversion process.

None of these answers are correct.

Insufficient training in the new work tasks required by the ERP system.

Explanation / Answer

Answer 1

Cloud-based ERP solutions are not scalable.

Answer 2

All of these are true statements about BPM.

Answer 3

a cash refund for goods returned without a receipt

Answer 4

Procurement

Answer 5

Supply Chain Management