Multiple Choice Questions:
1. A business process is a set of coordinated activities and tasks that
a. Create secure systems.
b. Constitute a transaction cycle.
c. Accomplish some organizational goal.
d. Do none of the above.

2. Generally accepted accounting principles (GAAP) dictate which of the following?
a. The structure of the four basic transaction cycles.
b. The structure of the three basic transaction cycles.
c. The structure of the five basic transaction cycles.
d. None of the above.

3. Which of the following is a term some business processes are called?
a. Inbound or outbound transaction loops.
b. Cycles.
c. Iterative processes.
d. None of the above.

4. SAP is organized in
a. ERP groups.
b. Cycles.
c. Modules.
d. None of the above

5. In SAP, the revenue, expenditure, production, and finance cycles are incorporated into which of the following areas?
a. Operations and ERP logistics supply chain.
b. ERP operations and financials.
c. Operations and ERP financials
e. Sales, services, and product deployment.
f. None of the above.

6. In practice, which way do companies tend to develop their information systems?
a. Life cycle.
b. Modular.
c. Cycle based.
d. Grouped.
e. None of the above.