Question: 1. What is Data? Explain the difference between Data and Information briefly 2. What is Database? Explain the Data Hierarchy in a Database 3. What

1. What is Data? Explain the difference between Data and Information briefly

2. What is Database? Explain the Data Hierarchy in a Database

3. What does ERP stand for? What's its purpose?

4. Explain the functionality of the general ledger for a company.

5. When should an organization upgrade to a new AIS. Explain with examples.

6. Many factors affect customers' electronic transactions experience, including an AIS. Howdoes an AIS affect customer experience? Can customers perpetrate fraud against acompany?

7. What should the auditor consider when scoping an IT audit?

8. Write a few audit techniques applied to audit computerized AIS?

9. Write the common outputs of resource management processing and financing processing.

10. What is fixed asset management?

11. What are the four key components of an ERP architecture? Explain in a few sentences

12. What is the revenue cycle used for?

13. Draw a flowchart describing the Sales Process.

14. What is the first real step within the sales order process?

15. What are the possible scenarios in the delivery creation process? Can a SAP user create a delivery without referencing any existing order?

16. What are the conditions for the delivery process to be closed?

17. What is the appropriate solution for an invoice with more than one delivery?

18. What are the submodules of the SAP FI module

19. What are the duties of the SAP FI module?

20. What are the methods for transactions to be processed to the general ledger?

21. What can be controlled with the General Ledger Account Master Record?

22. What does the procurement include and what are its alternatives in the SAP?

23. What are the two types of data that are required for the create purchase order via ME21N?

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