11 Jul 2014

Smu mba enterprises resource planning sample paper three









incorrect
3. Arrange the steps in a standard purchasing flow in the correct sequence
A.Source determinations
B.Invoice verification
C.Purchase order follow-up
D.Determination of requirements
E.Vendor selection and comparison or quotations
F.Goods receiving and inventory management
G.Purchase order processing
E, A, C, B, D, F, G
Correct
D, A, E, G, C, F, B
Feedback:Right Choice: Correct sequence
D, G, F, C, E, B, A
F, G, D, B, A, C, E

Unit 08-1 Mark  QuestionsWeb ERP can be configured on ____________ .
( Choose one )
Only on Windows XP
Only on Dos
Any operating system
Only on Linux
1. ERP inventory system provides a ____________mechanism of an organisation.
Bottom-up
Standardised
Should have chosen
Top-down
Centralised
2. ERP inventory module takes care of ____________workflow in the organisation.
In-order
Correct
Transactional
Chronological
Sequential
3. The number of software systems available in the systems that deploy ERP procedures are _____________ .
3
2
4
Should have chosen
1
4. Database in ERP implemented systems is ____________ .
Synchronised
Unit based
De-centralised
Should have chosen
Centralised
5. Systems that deploy ERP procedures are mainly dependent on ____________ .
Stock
Should have chosen
Network
Budget
Customisation
6. Changes in Inventory are updated ____________ .
Manually by the employees
Correct
Automatically
By a third party contractor
By the client
7. RFP stands for _________
Request For Productivity
Request For Profits
Request For Processing
Should have chosen
Request For Proposal
3. Which among the following is a benefit of ERP-Purchase module?
Establishing short-term contracts with vendors
Wrong
Including manual purchasing process and stock outs
Feedback:Not the right choice: This is not a benefit of ERP-Purchase module
Should have chosen
Reducing operational costs
Reducing material and inventory costs
4. Which of the following is sales related business transactions:
1. Sales orders
2. After sales support
3. Issue invoice/bill
Should have chosen
1, 2 & 3
Wrong
1 & 2
Feedback:Not the right choice: Even these two are sales related business transactions, this is not the correct choice as all three are sales related business transactions.
1
2 & 3

Unit 07-4 Mark  QuestionsArrange the steps in a standard purchasing flow in the correct sequence A.Source determinations B.Invoice verification C.Purchase order follow-upD.Determination of requirements E.Vendor selection and comparison or quotations F.Goods receiving and inventory management G.Purchase order processing
( Choose one )
E, A, C, B, D, F, G
D, A, E, G, C, F, B
D, G, F, C, E, B, A
F, G, D, B, A, C, E
1. Match the following
Match
Correct Answer
User answer
Feedback
Accessing mission-critical information
Provides instant answers to questions and maintains complete purchasing audit control
Reduces repetitive data entry
incorrect
Monitoring landed costs more effectively
Maintain tight tracking control over costs associated with inventory items
Maintain tight tracking control over costs associated with inventory items
correct
Reducing operational costs
Reduces repetitive data entry
Control purchase process, improve accuracy and increase employee productivity
incorrect
Streamlining purchase processes
Control purchase process, improve accuracy and increase employee productivity
Provides instant answers to questions and maintains complete purchasing audit control
incorrect
2. Match the following
Match
Correct Answer
User answer
Feedback
Warehouse Management
Inventory Reporting
Monitor dates of orders due for delivery
incorrect
Order Management
Sales Order Management and Purchase Order Management
Sales Order Management and Purchase Order Management
correct
Shipping
Monitor dates of orders due for delivery
Business transaction is completed
incorrect
Billing
Business transaction is completed
Inventory Reporting
8. Buffer is ____________ .
Stored stock
Should have chosen
Temporary stock
Supplied stock
Received stock
9. Installing ERP Inventory systems is ____________ .
Simple
Trouble free
Correct
Complex
Cost effective
10. Quality control of Inventory management is based on _____________ .
Correct
QC Parameters
Inventory features
Stock updates
Profit and loss

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