ACC 3304 Ch 4 Quiz

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 financial module?

Accounts Receivable

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 production module?

Bill of Material

One of the most important business processes a company needs technology to support is receiving payments from customers. Julia's Cookies used what payment processing software?

square

Excel is a spreadsheet application software. Choose from the list below one of the business functions that Excel typically supports.

Budgeting

Choose the best definition of a merger.

Choose the best definition of a merger.

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.

IF

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 decentralized systems?

If one system fails, the other systems can still process transactions.

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?

Inventory

Excel is a spreadsheet application software. Select the Excel function listed below that you would use if you wanted to find the smallest value in a range of selected cells.

MIN

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 customer relationship management module?

Marketing Management

"Excel is part of the ________ suite and can be purchased as a locally installed software or through a SaaS subscription."

Microsoft Office

Companies need more accounting support than just capturing sales data. Businesses need reliable software that provides core accounting functionality and user-friendly reporting capabilities. Julia's Cookies used what accounting software package when they were a startup?

QuickBooks

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.

TRIM

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 human resources management module?

Time and Attendance

Which system is used by the storefront cashiers to check out the customer's purchases?

Transaction processing system

In batch processing, data is collected as it is generated and processed later at a scheduled time. Listed below are the five steps in batch processing. Which step corresponds to updating the transaction file with additional batch transactions?

Update file