1

_______________ is an activity most commonly associated with the treasury function.

Sales forecasting

Reporting of results of business events

Maintaining accounting records

Recording of event data

Security of funds

2

All of the following are false except:

Reduced product defects is not a benefit of SCM.

Database systems are Internet based systems for sending bills/invoices to customers and receiving the customer payment electronically.

The cash disbursements event data is a repository of all unpaid vendor invoices.

The cashier usually reports directly to the controller.

The EIPP system for the B2B environment is similar to the EBPP system for the B2C environment.

3

The Customer Order Process typically includes activities that take place in all of the following functions, except the ______________.

logistics function

production function

regulatory reporting function

accounting function

sales function

4

The flow of information from the Order Entry/Sales process to marketing managers is an example of _______________ information flows.

operational

administrative

vertical

horizontal

strategic

5

Which of the following is not a major cause of ERP implementation failure?

Failure to involve affected employees in the the planning phases of the project.

Outsourcing the data conversion and testing phases for the new system.

Insufficient training in the new work tasks required by the ERP system.

Trying to do too much too fast in the conversion process.

None of these answers are correct.