Which of the following items is an advantage of an ERP (Enterprise Resource Planning) System?
Question 1
Which of the following items is an advantage of an ERP (Enterprise Resource Planning) System?
Software is affordable
Lack of complexity
Regulatory compliance
Low cost of implementation and maintenance
Question 2
With multiple frameworks available that include data governance, what feature of the Control Objectives for Information and Related Technologies (COBIT) make it a good fit for organizations primarily interested in establishing links between business and IT goals for data management?
Of all frameworks, COBIT is the most current.
The only framework that focuses on IT.
COBIT primarily focuses on security, risk management, and information governance.
Lower cost of implementation than other frameworks
Homework Answers
1.Main advantage of ERP is lack of complixity. ERP System save time
2.All of the network COBIT is the Current.COBIT is using everywere and use this to deliver more value to the organisation
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Which of the following items is an advantage of an ERP (Enterprise Resource Planning) System?
Which of the following is an advantage of enterprise resource planning (ERP) systems? O A. It...
Which of the following is an advantage of enterprise resource planning (ERP) systems? O A. It replaces separate software systems, such as sales and payroll O B. Its implementation requires smaller commitment of time and people. C. It is inexpensive to implement. O D. It provides financial benefits only to small corporations
which of the following is a disadvantage of enterprise resource planning (ERP) systems? 7) Which of...
which of the following is a disadvantage of enterprise resource planning (ERP) systems? 7) Which of 5 points A) It is It is not beneficial to large companies. It is not supported by cloud computing. Its implementation requires a large commitment of time and people. It uses separate software systems, such as sales and payroll
4 A mid-sized company has decided to implement an enterprise resource planning (ERP) system, and management...
4 A mid-sized company has decided to implement an enterprise resource planning (ERP) system, and management suspects that many of its employees are concerned about the planned implementation Managers are considering holding informational workshops to help decrease ariety levels among employees. To determine whether such an approach would be effective, they randomly select 16 employees to participate in a pilot workshop These employees were given a questionnaire to measure andety levels about ERP before and after participating in the workshop....
0.4 pts All of the following items are an advantage of an Enterprise Resource Planning system...
0.4 pts All of the following items are an advantage of an Enterprise Resource Planning system except: Customization Customer service Cost of implementation and maintenance Cost savings Question 4 0.4 pts Describe a potential consequence of separate financial and nonfinancial systems in which the nonfinancial system allows more activities that require funding than are approved by the financial system. Payments for actions can be tendered without being allocated to the proper budget. Activities can "ly under the radar" and occur...
2 Which of the following is false concerning enterprise resource planning (ERP) a. It attempts to...
2 Which of the following is false concerning enterprise resource planning (ERP) a. It attempts to autohate and inegrate the ma ority ofbusiness processes. b. tt shares conmon data and practices across the enterprise. c It ?5 inexpensive to i:"tlemen. d. It provides and accesses information in a real-time environment e. All of the above are true. Which of the following is a function of inventory? a. to protect against stockouts b. to mect anticipated customer demand c. to take...
Question 3 (13 marks) Bergamo Bay Co. uses enterprise resource planning (ERP) system to combine the...
Question 3 (13 marks) Bergamo Bay Co. uses enterprise resource planning (ERP) system to combine the business activities with accounting activities. ERP system provides an integrated and continuously updated view of core business processes. The system can track business resources, i.e. cash, raw materials, etc., and shares data across various departments (manufacturing, purchasing, sales, accounting, etc.), and various stakeholders of the company. The system also can provide timely information and report to variable users within the company. On December 31,...
Explain what enterprise resource planning (ERP) systems. Outline several of their key characteristics. Describe in reasonable...
Explain what enterprise resource planning (ERP) systems. Outline several of their key characteristics. Describe in reasonable detail how a company leverages an ERP system and how its operations are improved after installing an ERP system like SAP. Explain how a supply chain management system helps an organization make its operations more efficient What is Upstream and Downstream management of the supply chain? Explain the concept of “Supply Network”, its benefits, and how technology made this concept available Explain the difference...
The company for which you work recently implemented time-driven activity-based costing (TDABC) in conjunction with its enterprise resource planning (ERP) system. Management is pleased with the...
The company for which you work recently implemented time-driven activity-based costing (TDABC) in conjunction with its enterprise resource planning (ERP) system. Management is pleased with the revised product and customer cost information that the TDABC system produces. It is now wondering how this system can be used for budgeting purposes. You have been asked to provide an example of using time-driven activity based budgeting, given the following information: 1. There are two resources (departments): indirect labor and computer support 2....
Examining the Importance of Data Governance in Healthcare By Shannon Fuller, MBA HEALTHCARE HAS ALWAYS focused...
Examining the Importance of Data Governance in Healthcare By Shannon Fuller, MBA HEALTHCARE HAS ALWAYS focused on managing information from application to application, instead of looking at information holistically and defining it holistically. The industry's shift of focus onto analytics—whether it's for predictive analytics or modeling for improved readmission rates—puts the focus back on foundational data. Ihat's what is needed for things like population health, which is increasingly important in healthcare. Patient data isn't held or uséd solely in electronic...
3. What are the advantages and disadvantages of the various options that Amelectserv is evaluating ERP...
3. What are the advantages and disadvantages of the
various options that Amelectserv is evaluating
ERP IMPLEMENTATION COSTS Berp Corporation: ON Premise Macrosoft ON Premise 4718 4719 Macrosoft Cloud 4.718 2080 1575 2 DOO 2250 2.250 2980 none none 1675 none 349 10.200 InitialHardware Network Costs Workstations UPS for Werkstations Laptops Server Back Server Server UPS Systems Router Network Infrastrutture set-up Total Ongoing Hardware Network Costs Hardware Maintenance Router Maintenance Network in structure Maintance 2MBPS internet line Totalt year) Total...
Which of the following is an advantage of enterprise resource planning (ERP) systems? O A. It replaces separate software systems, such as sales and payroll O B. Its implementation requires smaller commitment of time and people. C. It is inexpensive to implement. O D. It provides financial benefits only to small corporations
which of the following is a disadvantage of enterprise resource planning (ERP) systems? 7) Which of 5 points A) It is It is not beneficial to large companies. It is not supported by cloud computing. Its implementation requires a large commitment of time and people. It uses separate software systems, such as sales and payroll
4 A mid-sized company has decided to implement an enterprise resource planning (ERP) system, and management suspects that many of its employees are concerned about the planned implementation Managers are considering holding informational workshops to help decrease ariety levels among employees. To determine whether such an approach would be effective, they randomly select 16 employees to participate in a pilot workshop These employees were given a questionnaire to measure andety levels about ERP before and after participating in the workshop....
0.4 pts All of the following items are an advantage of an Enterprise Resource Planning system except: Customization Customer service Cost of implementation and maintenance Cost savings Question 4 0.4 pts Describe a potential consequence of separate financial and nonfinancial systems in which the nonfinancial system allows more activities that require funding than are approved by the financial system. Payments for actions can be tendered without being allocated to the proper budget. Activities can "ly under the radar" and occur...
2 Which of the following is false concerning enterprise resource planning (ERP) a. It attempts to autohate and inegrate the ma ority ofbusiness processes. b. tt shares conmon data and practices across the enterprise. c It ?5 inexpensive to i:"tlemen. d. It provides and accesses information in a real-time environment e. All of the above are true. Which of the following is a function of inventory? a. to protect against stockouts b. to mect anticipated customer demand c. to take...
The company for which you work recently implemented time-driven activity-based costing (TDABC) in conjunction with its enterprise resource planning (ERP) system. Management is pleased with the revised product and customer cost information that the TDABC system produces. It is now wondering how this system can be used for budgeting purposes. You have been asked to provide an example of using time-driven activity based budgeting, given the following information: 1. There are two resources (departments): indirect labor and computer support 2....
3. What are the advantages and disadvantages of the
various options that Amelectserv is evaluating
ERP IMPLEMENTATION COSTS Berp Corporation: ON Premise Macrosoft ON Premise 4718 4719 Macrosoft Cloud 4.718 2080 1575 2 DOO 2250 2.250 2980 none none 1675 none 349 10.200 InitialHardware Network Costs Workstations UPS for Werkstations Laptops Server Back Server Server UPS Systems Router Network Infrastrutture set-up Total Ongoing Hardware Network Costs Hardware Maintenance Router Maintenance Network in structure Maintance 2MBPS internet line Totalt year) Total...
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