Part One: Multiple Choices: 1. Enterprise Resource Planning is a. Computer System b. Manufacturing organization c. Method of effective planning of all the resources in an organization d. None of the above 2. Enterprise Resource Panning vendors are those people a. Who are experts in administration and management of projects b. Who have developed the ERP packages c. Who uses the ERP system d. None of the above 3. Interviewing and cost justification is tool and technique of a. Design step of ERP b. Implementation step of ERP c. Requirement analysis of ERP d. Planning step of ERP 4. Support re-engineering processes to fit the software systems best practice is approach of a. Re-engineering approach b. Customizing approach c. Rational approach d. None of the above 5. Process of tracking customer contacts and providing the customer with a price quote is a. Inventory sourcing b. Sales order processing c. Pre-sales d. None of the above
1 IIBM Institute of Business Management
Examination Paper 6. The difficulty in creating an audit trial of transactions when multiple transactions use multiple database is associated with a. Product profitability sub-system b. Finished goods inventory sub-system c. Management reporting sub-system d. Creating an audit trial sub-system 7. Differences occur between standard costs and actual costs is problem associated with a. Accounting b. Production c. Purchasing / Materials Management d. None of the above 8. MRP in Enterprise resource planning stands for a. Maximum retail price b. Material requirement planning c. Management requirement planning d. None of the above 9. Process of providing status of