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Exam 4: Software and Systems

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Question 41

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Which system is used to generate inventory reports and profit and loss statements?

A) Executive support system
B) Decision support system
C) Management information system
D) Transaction processing system

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Question 42

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Choose the best definition of an acquisition.

A) An acquisition occurs when one company sells shares of the company on a public exchange.
B) An acquisition is separating one company into two or more separate legal entities.
C) An acquisition is a combination of two separate companies into a new legal entity.
D) An acquisition happens when one company purchases another company to acquire all or most of the shares, and therefore control over that company.

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Question 43

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Businesses typically have many systems, some internally developed, some purchased, and others acquired. Businesses want these systems to communicate with one another and provide users with easier access to data. There are three systems configurations that consolidate and coordinate data across multiple locations. These three include: centralized systems, decentralized systems, and distributed systems. Choose the best definition of a centralized system.

Businesses typically have many systems, some internally developed, some purchased, and others acquired. Businesses want these systems to communicate with one another and provide users with easier access to data. There are three systems configurations that consolidate and coordinate data across multiple locations. These three include centralized systems, decentralized systems, and distributed systems. Each configuration has advantages and disadvantages. Which of the following is an advantage of centralized systems?

Excel is a spreadsheet application software. Select the Excel function listed below that you would use if you wanted to remove leading and trailing spaces in a selected cell.

Which system is used by management to perform "what-if" analysis to set optimal stock levels by store and warehouse?

There are four different levels of information systems, each providing information for users at different levels of the company. Match the systems with why the system is used. -Decision support system

RAM Manufacturing LLC is a rapidly growing manufacturer of parts for the automotive industry. RAM Manufacturing recently implemented a new ERP system, NetSuite. You have been asked to perform data analytics to provide information to the firm's auditors. From which ERP module would you pull data to know to which vendors do we make the most returns?

Most vendors offer different types of solutions for companies to choose from when selecting an ERP system. Which type of system has features that are fully customized for an individual customer's needs?

Software is created using programming languages, which are written sets of coded instructions that the system understands. Choose from the list below one of the popular programming languages.

Successful ERP systems support the core business processes in a company's operations. Every function within the ERP is called a module. Listed below are four key features. Which is a key feature of the supply chain management module?

ERP systems are complex and expensive technology. The integration of all systems into a unified ERP system has certain goals. One goal is quality improvement. What is the best definition of quality improvement?

Excel is a spreadsheet application software. Select the Excel function listed below that you would use if you wanted to apply conditional logic to select cells to determine a true or false outcome.

RAM Manufacturing LLC is a rapidly growing manufacturer of parts for the automotive industry. RAM Manufacturing maintains a lot of inventory and uses NetSuite to manage its inventory. RAM Manufacturing recently acquired Top Automotive LLC. Top Automotive uses Sellbrite to manage its inventory. If RAM Manufacturing decides to move the Sellbrite system to RAM Manufacturing's data center, which systems integration approach has RAM Manufacturing taken?

ERP systems are complex and expensive technology. The integration of all systems into a unified ERP system has certain goals. One goal is automating routine business processes. What is the best definition of automating routine business processes?

Successful ERP systems support the core business processes in a company's operations. Every function within the ERP is called a module. What is the best definition of the sales management module?

There are three types of cloud service models, each of which provide customers remote access to specific cloud solutions based on the end-user requirements. If a company chooses a cloud service model that provides fully self-service computers, networking, storage, and operating systems through virtualized environments, the business is choosing what type of cloud service model?

Successful ERP systems support the core business processes in a company's operations. Every function within the ERP is called a module. What is the best definition of the supply chain management module?

An online information system that supports core business functions like handling sales, accounting purchasing and more is considered what type of system?

Successful ERP systems support the core business processes in a company's operations. Every function within the ERP is called a module. What is the best definition of the financial module?