$.$ Transaction processing systems $($TPS$)$ capture and process the fundamental data about events that affect the organization called

that are used to update the official records of the organization.

$2.$ The essential characteristic of a$($n$)$

transaction processing system is that it processes transactions as they occur.

$3.$ Which of the following is not one of the basic components of a TPS$?$

a$.$ Databases

b$.$ Networks

c$.$ Procedures

d$.$ Analytical models

$4.\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ involves providing feedback regarding a potential data problem and enables users to change the data.

a$.$ Data collection

b$.$ Data correction

c$.$ Data editing

d$.$ Data processing

$5.$ The specific business needs and goals of the organization define the method of transaction processing best suited for the various application of the company. True or False?

a$.$ True

b$.$ False

$6.$ Which of the following is not an objective of an organization's batch transaction processing system?

a$.$ Capture, process, and update databases of business data required to support routine business activities

b$.$ Ensure that data is processed immediately upon occurrence of a business transaction

c$.$ Avoid processing fraudulent transactions

d$.$ Produce timely user responses and reports

$7.$ Business data goes through a cycle that includes data collection, data

$,$ data correction, data processing, data storage, and documentation production.

$8.$ Unfortunately, there are few choices for software packages that provide integrated transaction processing system solutions for small$-$ and medium$-$sized enterprises. True or False?

a$.$ True

b$.$ False

$9.$ Capturing and gathering all the data necessary to complete the processing of transactions is called

$.$

An organization that implements an enterprise system is creating a highly integrated set of systems, which can lead to many business benefits.

$10.$ Small organizations were slow to adopt ERP systems because of the relative complexity and cost of implementing these systems. True or False?

a$.$ True

b$.$ False

$11.$ The individual application modules included in an ERP system are designed to support

$,$ the most efficient and effective ways to complete a business process.

$12.$

software helps a company manage all aspects of customer encounters, including marketing, sales, distribution, accounting, and customer service.

$13.$ The hosted software model for enterprise software helps customers acquire, use, and benefit from new technology while avoiding much of the associated complexity and high start$-$up costs. True or False?

a$.$ True

b$.$ False

$14.\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ is software used to analyze the robustness and performance of components and assemblies.

a$.$ PLM

b$.$ CAD

c$.$ CAE

d$.$ CAM

$15.$ Many multinational companies roll out standard IS applications for all to use. However, standard applications often don't account for all the differences among business partners and employees operating in other parts of the world. Which of the following is a frequent modification required for standard software?

a$.$ Software might need to be designed with local language interfaces to ensure the successful implementation of a new IS$.$

b$.$ Customization might be needed to handle date fields correctly.

c$.$ Users might also have to implement manual processes and overrides to enable systems to function correctly.

d$.$ All of the above

An organization must have access to data across all of its corporate functions and enterprise systems to help drive decision making.

$16.$ At the core of the ERP system is a $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ that is shared by all users so that all business functions have access to current and consistent data for operational decision making and planning.

a$.$ database

b$.$ project plan

c$.$ report

d$.$ project chain

$17.$ A company implementing a new PLM system should do which of the following to maximize its chances for a successful implementation?

a$.$ Appoint a full$-$time manager to the project.

b$.$ Budget enough time and money to train staff.

c$.$ Keep the scope of the project well defined.

d$.$ All of the above

$18.$ Machine learning used in enterprise software is valuable to decision makers because it saves them time while also providing valuable business insights. True or False?

a$.$ True

b$.$ False

$19.$ One of the problems with machine learning is that it is not able to identify unique patterns. True or False?

a$.$ True

b$.$ False

$20.$ A cloud$-$based solution is $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ than purchasing ERP software and upgrading hardware.

a$.$ more expensive

b$.$ less expensive

c$.$ no more expensive

d$.$ no less expensive

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