Practice Test

Q1) ERP stands for Enterprise Resource Planning. Show Answer

Q2) Information Technology and its related technologies can be used for planning and organizing resources and information of an Enterprise. Show Answer

Q3) The organisation are moving to big packages as a solution to their information management problem. Show Answer

Q4) An NGO acts as a single entity and an organisation is divided into different units based on the operations performed in it. Show Answer

Q5) An enterprise may consist of different sections such as manufacturing or production, planning, sales, purchase, finance, distribution etc. Show Answer

Q6) Each department will have their own duties and responsibilities and they are working to achieve the objective which is set for the Enterprise. Show Answer

Q7) ERP stands for ___. Show Answer

Q8) Information Technology and its related technologies can be used for planning and organizing resources and information of an ___. Show Answer

Q9) The organisations are moving to ___ packages as a solution to their information management problem. Show Answer

Q10) An ___ is a group of people and other resources working together for a common goal. Show Answer

Q11) An ___ acts as a single entity and an organisation is divided into different units based on the operations performed in it. Show Answer

Q12) An ___ may consist of different sections such as manufacturing or production, planning, sales, purchase, finance, distribution etc. Show Answer

Q13) Each department will have their own duties and responsibilities and they are working to achieve the objective which is set for the ___. Show Answer

Q14) Information technology and its related technologies can be used for ___ and ___ and ___.
(Choose three correct answers) Show Answer

Q15) There are different types of planning in an enterprise like men, material, money and machine. Show Answer

Q16) Information system can be designed for various departments of an enterprise so that accurate and timely data can be provided to the concerned persons. Show Answer

Q17) Planning helps managers to improve future performance, by establishing objectives and selecting a course of action, for the benefit of the organisation. Show Answer

Q18) There are different types of ___ in an enterprise like men, material, money and machine. Show Answer

Q19) Information system can be designed for various departments of an ___ so that accurate and timely data can be provided to the concerned persons. Show Answer

Q20) ___ helps managers to improve future performance, by establishing objectives and selecting a course of action, for the benefit of the organisation. Show Answer

Q21) Information system can be designed for various departments of an enterprise so that ___ and ___ can be provided to the concerned persons.
(Choose two correct answers) Show Answer

Q22) An Centralized Database can be considered as a system and all its departments as its sub systems. Show Answer

Q23) Information about the entire enterprise can be stored in a Centralized Database and it is made available to all departments. Show Answer

Q24) Enterprise Resource Planning replaces the old standalone computer systems in each area of an enterprise such as finance, human resource, manufacturing, sales, etc. Show Answer

Q25) An ___ can be considered as a system and all its departments as its sub systems. Show Answer

Q26) Information about the entire enterprise can be stored in a ___ and it is made available to all departments. Show Answer

Q27) ___ replaces the old standalone computer systems in each area of an enterprise such as finance, human resource, manufacturing, sales, etc. Show Answer

Q28) An enterprise can be considered as a ___ and all its departments as its ___.
(Choose two correct answers) Show Answer

Q29) Information about the entire enterprise can be stored in a ___ and it is made available to all ___.
(Choose two correct answers) Show Answer

Q30) The Enterprise Resource Planning system helps the management in marketing the planning process more productive and efficient. Show Answer

Q31) The entire Enterprise Resource Planning package contains many modules or sub units. Show Answer

Q32) Manufacturing module is the core of many ERP software packages. Show Answer

Q33) Financial module can collect financial data from various functional departments and generate valuable financial reports. Show Answer

Q34) Financial reports include balance sheets, general ledger, trial balance, financial statements, etc. Show Answer

Q35) Financial module also includes financial accounting , investment management, enterprise controlling and treasury. Show Answer

Q36) Financial module contains necessary business rules to manage the entire production process. Show Answer

Q37) Manufacturing module ERP enables an enterprise to combine technology and business processes to get integrated solutions. Show Answer

Q38) Manufacturing module also provides freedom to change manufacturing and planning methods as and when required. Show Answer

Q39) The ___ system helps the management in making the planning process more productive and efficient. Show Answer

Q40) The entire ___ package contains many modules or sub units. Show Answer

Q41) ___ is the core of many ERP software packages. Show Answer

Q42) ___ can collect financial data from various functional departments and generate valuable financial reports. Show Answer

Q43) ___ include balance sheets, general ledger, trial balance, financial statements, etc. Show Answer

Q44) ___ also includes financial accounting, investment management, enterprise controlling and treasury. Show Answer

Q45) ___ contains necessary business rules to manage the entire production process. Show Answer

Q46) ___ ERP enables an enterprise to combine technology and business processes to get integrated solutions. Show Answer

Q47) ___ also provides freedom to change manufacturing and planning methods as and when required. Show Answer

Q48) The ERP system helps the management in making the planning process more ___ and ___.
(Choose two correct answers) Show Answer

Q49) The entire Enterprise Resource Planning package contains many ___ or ___.
(Choose two correct answers) Show Answer

Q50) Financial module can collect ___ from various functional departments and generate valuable ___.
(Choose two correct answers) Show Answer

Q51) Manufacturing module ERP enables an enterprise to combine ___ and ___ to get integrated solutions.
(Choose two correct answers) Show Answer

Q52) Manufacturing module also provides freedom to change ___ and ___ as and when required.
(Choose two correct answers) Show Answer

Q53) Human resource module is used for optimising the utilisation of available resources and helps the organisation to plan their production. Show Answer

Q54) Production planning module identifies the materials required, allocates optimal resources using data and sales forecasting with the sales data. Show Answer

Q55) HR stands for Human Resources. Show Answer

Q56) Production Planning module maintains an updated and complete employee database. Show Answer

Q57) Purchase Module covers processes of maintaining the appropriate level of stock in the warehouse. Show Answer

Q58) Inventory control module is responsible for identifying the inventory requirements and setting the target of the stock items required. Show Answer

Q59) Inventory control module helps for generating purchase order evaluating the supplier, and billing. Show Answer

Q60) Purchase Module is closely connected with the inventory, finance and production planning module. Show Answer

Q61) ___ is used for optimising the utilisation of availableresources and helps the organisations to plan their production.
Show Answer

Q62) ___ identifies the materials required, allocates optimal resources using data and sales forecasting with the sales data. Show Answer

Q63) HR stands for ___. Show Answer

Q64) ___ maintains an updated and complete employee database. Show Answer

Q65) ___ covers processes of maintaining the appropriate level of stock in the warehouse. Show Answer

Q66) ___ is responsible for identifying the inventory requirements and setting the target of the stock items required. Show Answer

Q67) ___ helps for generating purchase order evaluating the supplier, and billing. Show Answer

Q68) ___ is closely connected with the inventory, finance and production planning module. Show Answer

Q69) Production planning module identifies the required, allocates optimal resources using ___ and ___ forecasting with the sales data.
(Choose two correct answers) Show Answer

Q70) HR module maintains an ___ and ___ employee database.
(Choose two correct answers) Show Answer

Q71) Inventory control module is responsible for identifying the ___ requirements and setting the target of the ___ required.
(Choose two correct answers) Show Answer

Q72) Purchase Module helps for generating purchase order evaluating the ___ and ___.
(Choose two correct answers) Show Answer

Q73) Purchase Module is closely connected with the ___, ___ and ___.
(Choose three correct answers) Show Answer

Q74) Quality management module is used for monitoring and tracking customer orders. Show Answer

Q75) Sales and distribution module helps for tracking enquiries, order placement, order scheduling, dispatching and invoicing. Show Answer

Q76) Sales and distribution module is closely integrated with the e-commerce website of the organisation. Show Answer

Q77) Marketing module is used for managing the quality of the product. Show Answer

Q78) The Quality management module fulfils the following functions-Quality planning, Quality inspection and Quality control. Show Answer

Q79) ___ is used for monitoring and tracking customer orders. Show Answer

Q80) ___ helps for tracking enquiries, order placement, order scheduling, dispatching and invoicing. Show Answer

Q81) ___ is closely integrated with the e-commerce website of the organization. Show Answer

Q82) ___ is used for managing the quality of the product. Show Answer

Q83) The ___ fulfils the following functions- Quality planning, Quality inspection and Quality control. Show Answer

Q84) Marketing module is used for ___ and ___.
(Choose two correct answers) Show Answer

Q85) The quality management module fulfils the following functions ___, ___ and ___.
(Choose three correct answers) Show Answer

Q86) PLM stands for Production Life Cycle Management. Show Answer

Q87) Management Information System is the process of managing the entire life cycle of a product. Show Answer

Q88) Product life cycle is used for determining the lifespan of a product. Show Answer

Q89) MIS stands for Management Information System. Show Answer

Q90) Product Life Cycle Management will collect relevant data from inside and outside an enterprise. Show Answer

Q91) Management Information System has the capability to generate reports as and when user demands it. Show Answer

Q92) The Supply chain consists of all the activities associated with moving goods from the supplier to the customer. Show Answer

Q93) Supply chain Management begins with collecting raw materials and end with receiving the goods by the consumer. Show Answer

Q94) Product Life Cycle Management very important for companies to move product to their customers quickly. Show Answer

Q95) PLM stands for Show Answer

Q96) ___ is the process of managing the entire life cycle of a product. Show Answer

Q97) ___ is used for determining the lifespan of a product. Show Answer

Q98) MIS stands for ___. Show Answer

Q99) ___will collect relevant data from inside and outside an enterprise. Show Answer

Q100) ___ has the capability to generate reports as and when the user demands it. Show Answer

Q101) The ___ consists of all the activities associated with moving goods from the supplier to the customer. Show Answer

Q102) ___ begins with collecting raw materials and ends with receiving the goods by the consumer. Show Answer

Q103) ___ very important for companies to move product to their customers quickly. Show Answer

Q104) In MIS there are three components those are ___ ,___ and ___.
(Choose three correct answers) Show Answer

Q105) CRM stands for Customer Relationship Management. Show Answer

Q106) Decision Support System is a term applied to processes implemented by a company to handle its contact with its customers. Show Answer

Q107) Decision Support System covers methods and technologies used by companies to manage their relationship with clients. Show Answer

Q108) Customer Relationship Management includes the capture, storage and analysis of customer information. Show Answer

Q109) The data gathered as apart of Customer Relationship Management must consider customer privacy and data security. Show Answer

Q110) The technology requirement of Decision Support System consists of a database to store entire information about the customer. Show Answer

Q111) DSS stands for Decision Support System. Show Answer

Q112) Customer Relationship Management are interactive, computer-based systems that aid users in judgement and choice activities. Show Answer

Q113) Decision Support System focuses on providing help in analysing situations rather than providing right information in the form of various types of reports. Show Answer

Q114) Decision support System needs a strong database management system to provide the support in decision making. Show Answer

Q115) CRM stands for ___ Show Answer

Q116) ___ is a term applied to processes implemented by a company to handle its contact with its customers. Show Answer

Q117) ___ covers methods and technologies used by companies to manage their relationships with clients. Show Answer

Q118) ___ includes the capture, storage and analysis of customer information. Show Answer

Q119) The data gathered as a part of ___ must consider customer privacy and data security. Show Answer

Q120) The technology requirement of ___ consists of a database to store entire information about the customer. Show Answer

Q121) DSS stands for ___. Show Answer

Q122) ___ are interactive, computer-based systems that aid users in judgement and choice activities. Show Answer

Q123) ___ focuses on providing help in analysis situations rather than providing right information in the form of various types of reports. Show Answer

Q124) ____ needs a strong database management system to provide the support in decision making. Show Answer

Q125) The data gathered as a part of Customer Relationship Management must consider ___ and ___.
(Choose two correct answers) Show Answer

Q126) Decision Support System are ___, ___ that aid users in judgement and choice activities.
(Choose two correct answers) Show Answer

Q127) Customer Relationship Management includes the ___, ___ and ___.
(Choose three correct answers) Show Answer

Q128) Systems Applications and Products was originally known for its database system rather than its ERP system. Show Answer

Q129) The ERP310 package from Oracle provides strong finance and accounting module. Show Answer

Q130) SAP stands for Systems Applications and Products. Show Answer

Q131) Oracle development Customer Relationship Management (CRM), Supply Chain Management (SCM), and Product Life Cycle Management , invoicing, project management. Show Answer

Q132) Tally is a free online ERP solution that works for businesses of all sizes. Show Answer

Q133) Odoo is an open source ERP solution that offers capabilities such as CRM, HR, accounting, sales, document management, inventory management , invoicing, project management. Show Answer

Q134) Bitrix24 includes apps for customer relationship management (CRM), project management, task management , employee management, document management , and human resource (HR) management. Show Answer

Q135) Microsoft Dynamics is part of Microsoft business solutions. Show Answer

Q136) Bitrix24 is a business accounting software for accounting, inventory and payroll system. Show Answer

Q137) ___ was originally known for its database system rather than its ERP system. Show Answer

Q138) The ERP310 package from ___ provides strong finance and accounting module. Show Answer

Q139) SAP stands for ___. Show Answer

Q140) ___ developed Customer Relationship Management (CRM), Supply Chain Management (SCM), and Product Life Cycle Management(PLM) software. Show Answer

Q141) ___ is an open source ERP tool that offers capabilities such as CRM, H, accounting, sales, document management, inventory management, invoicing, project management. Show Answer

Q142) ___ is a free online ERP solution that works for businesses of all sizes. Show Answer

Q143) ___ includes apps for customer relationship management (CRM), project management, task management, employee management, document management, and human resource (HR) management. Show Answer

Q144) ___ is part of Microsoft business solutions. Show Answer

Q145) ___ ERP is a business accounting software for accounting, inventory and payroll system. Show Answer

Q146) The ERP310 package from Oracle provides strong ___ and ___ module.
(Choose two correct answers) Show Answer

Q147) Systems Applications and Products (SAP) developed ___, ___ and ___.
(Choose three correct answers) Show Answer

Q148) Tally ERP is a business accounting software for ___, ___ and ___.
(Choose three correct answers) Show Answer

Q149) New trend in ERP development and use involves vendors making the software available to client companies on the Web based. Show Answer

Q150) The communication between the server where an ERP system is sinstalled and many clients (End-User Pc's) is done through the Internet. Show Answer

Q151) Implementation of Internet ERP gives the end user cost effective solution tool for ERP management. Show Answer

Q152) Today, many ERP systems (ERP suits) run in the could as a Hybrid. Show Answer

Q153) A Cloud ERP makes it easier and more secure for businesses to manage their information. Show Answer

Q154) Alternatively, a company can have a Hybrid ERP that runs some of their systems in the cloud and other systems on premise. Show Answer

Q155) New trend in ERP development and use involves vendors making the software available to client companies on the ___. Show Answer

Q156) The communication between the server where an ERP system is installed and many client (endUser Pc's) is done through the ___. Show Answer

Q157) Implementation of ___ ERP gives the end user cost effective solution tool for ERP management. Show Answer

Q158) Today, many ERP systems (ERP suits) run in the cloud as a ___. Show Answer

Q159) A ___ ERP makes it easier and more secure for businesses to manage their information. Show Answer

Q160) Alternatively, a company can have a ___ ERP that runs some of their systems in the cloud and other systems on premise. Show Answer

Q161) A cloud ERP makes it __ and more ___ for businesses to manage their information.
(Choose two correct answers) Show Answer

Q162) Alternatively, a company can have a hybrid ERP that runs some of their systems in the ___ and other systems on ___.
(Choose two correct answers) Show Answer

Q163) Customer satisfaction means meeting maximum customers' requirements for a product or service. Show Answer

Q164) In today's competitive world, an enterprise has to plan and manage the future cleverly. To achieve this an enterprise needs high quality, relevant, updated and Customer satisfaction. Show Answer

Q165) Accurate and relevant information given to decision makers will help them to take better Decision. Show Answer

Q166) An ERP system allows organizations to be more flexible so that they can more easily adapt and capitalize on new business opportunities. Show Answer

Q167) The most important advantage of ERP is in its promotion of intergration of various departments and hence we will get an accurate information form of information about the enterprise. Show Answer

Q168) ___ means meeting maximum customers' requirements for a product or service. Show Answer

Q169) In today's competitive world, an enterprise has to plan and manage the future cleverly. To achieve this an enterprise needs high quality, relevant, updated and ___. Show Answer

Q170) Accurate and relevant information given to decision makers will help them to take better __. Show Answer

Q171) An ERP system allows organizations to be more ___ so that they can more easily adapt and capitalize on new business opportunities. Show Answer

Q172) The most important advantage of ERP is in its promotion of intefration of various departments and hence we will get an ___ from of information about the enterprise. Show Answer

Q173) Customer satisfaction means meeting maximum customers' requirements for a ___ or ___.
(Choose two correct answers) Show Answer

Q174) ___ and ___ given to decision makers will help them to take better decision.
(Choose two correct answers) Show Answer

Q175) An ERP system allows organizations to be more flexible so that they can more easily ___ and ___ on new business opportunities.
(Choose two correct answers) Show Answer

Q176) In today's competitive world, an enterprise has to plan and manage the future cleverly. To achieve this an enterprise needs ___, ___, ___ and accurate information.
(Choose three correct answers) Show Answer

Q177) The cost of ERP software configuration and implementation is very high. Show Answer

Q178) The Security price of the package, associated license fees and other charges are the main problems of ERP installation. Show Answer

Q179) To run an ERP system, trained and experienced employees are to be appointed in the enterprise. Show Answer

Q180) Implementation of an ERP needs to follow high measures on each and every stage. Show Answer

Q181) The cost of ERP software configuration and implementation is very ___. Show Answer

Q182) The ___ price of the package, associated license fees and other charges are the main problems of ERP installation. Show Answer

Q183) To run an ERP system, ___ and experienced employees are to be appointed in the enterprise. Show Answer

Q184) Implementation of an ERP needs to follow ___ measures on each and every stage. Show Answer

Q185) To run an ERP system ___ and ___ employees are to be appointed in the enterprise.
(Choose two correct answers) Show Answer

Q186) Artificial Intelligence services are impacting every facet of business operations. Show Answer

Q187) The concept of embedded business intelligence is going to revolutionize ERP. It will help business to achieve high levels of automation. Show Answer

Q188) Machine Learning, analytics and data management features built into ERP will be the next future ERP. Show Answer

Q189) There will be more ERP transactions triggered by sensors and external systems or devices. Show Answer

Q190) ____ services are impacting every facet of business operations. Show Answer

Q191) The concept of ___ is going to revolutionize ERP. It will help business to achieve high levels of automation. Show Answer

Q192) ___, analytics and data management features built into ERP will be the next future ERP. Show Answer

Q193) There will be more ERP transactions triggered by ___ and external systems or devices. Show Answer

Q194) ___, ___ and ___ features built into ERP will be the next future ERP.
(Choose three correct answers) Show Answer

Q195) There will be more ERP transactions triggered by ___ and ___ or ___.
(Choose three correct answers) Show Answer

Q196) Planning helps to improve future performance of an organisation. Show Answer

Q197) MIS is implemented by a company to handle its contact with its customers. Show Answer

Q198) To run an ERP system, trained and experienced employees are needed. Show Answer

Q199) Better decision from an enterprise will help them to go a step ahead of its competitors. Show Answer