40. An example of master data in the ERP simulation which is setup at installati

Question

40. An example of master data in the ERP simulation which is setup at installation, applies across the company, and which seldom changes, would be: a. The product ID code and names of bottle water sold by the company b. The amount of money spent per region on marketing (advertising) c. Price of a product d. The amount of inventory for the 1 liter ClearPure product. 41. A transaction processing system (TLP) is a system that a. analyzes historic archived business data b. processes business events and stores transaction data as these events occur c. handles later batch processing of business transactions all at once at the e of a day d. only provides a high level summary of business data without providing supporting details view of the overall 42. Enterprise resource planning systems take a (n) organization so that different functional a. integrated and cross-functional b. end user c. functional areas work etfectively together. customer r benefit of using an integrated Enterprise Resource Planning (ERP) 43. A majo system is that it: a. Allows each department to operate in its own chosen way b. Separates data and prevents sharing information (about customers, vendors, ducts, etc.) between functional departments within a company. c. Limits data input to only one c all subsidiaries of company throughout the world urrency and one language that must be used in s real time business information available in a central database

Explanation / Answer

40. An example of master data in the ERP simulation which is setup at installation,
   applies across the company, and which seldom changes, would be:
As from the given options, it can be seen that, the product ID code and names of bottle
water sold by the company, will have little changes of being changed.
The amount of money spent on marketing may vary depending on the sales figures.
Price of product. Ha ha. This is most fluctuating kind of.
Amount of inventory may also change.
So, the answer is: A.

41. A transaction processing system (TLP) is a system that:
As the name itself suggests, it is processing the transactions, i.e., the current thing happening on the database.
Analyzing historic archived data is like analysis part, being done in data analytics, and business intelligence kind of things.
Handles later batch processing of business transactions all at once at the end of the day is
like concluding on multiple transactions all together.
Providing high level summary is like giving information, and is not related to transaction.
So, the answer is: B.

42. Enterprise resource planning systems take a(n) __ view of the overall organization
so that different functional areas work effectively together.
Integrated and cross-functional view will help to observe all things together, and how
the interlinked areas are co-operatively working together.
End user view is like how the final result looks like.
Functional view is individual to each and every area.
Customer view almost of planning thing.
So, the answer is: A.

43. A major benefit of using an integrated ERP system is that:
All every option given seems relavent and is serving the purpose of ERP.
But the last one, i.e., making real time business information available seems to be more relavent.
So, the answer is: D.

Related Questions

Navigate

• Browse (All)
• Browse 4
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.