A) Selling to a more diverse group of customers.
B) Allowing a business to focus its marketing efforts.
C) Both selling to a more diverse group of customers and allowing a business to focus its marketing efforts.
D) Neither selling to a more diverse group of customers nor allowing a business to focus its marketing efforts.
Correct Answer
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Multiple Choice
A) An enterprise risk management plan.
B) A systems flowchart.
C) The steps in the accounting cycle.
D) The capability maturity model.
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Multiple Choice
A) Customer
B) Employee
C) Business
D) Order
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Multiple Choice
A) The financial management module alone contains all the information a company needs to produce its financial statements.
B) All four common ERP system modules provide information to the general purpose financial statements.
C) A company needs to create a fifth module called "financial statement creation" if it wants to use an ERP system to create its financial statements.
D) None of these statements is true.
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Multiple Choice
A) I and II only
B) I and III only
C) II and III only
D) I, II and III
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Multiple Choice
A) Transacting business over a computer network.
B) Using XBRL for required SEC filings.
C) Implementing general ledger software.
D) Ensuring that the company is no lower than Level 3 on the capability maturity model.
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Multiple Choice
A) Supply chain management
B) Financial management
C) Both supply chain management and financial management
D) Neither supply chain management nor financial management
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Multiple Choice
A) Poor leadership from top management
B) Significant technical difficulties
C) Inadequate education and training
D) None of these.Since the company is so small, the ERP project is likely to succeed.
Correct Answer
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Multiple Choice
A) Form a smaller implementation team.
B) Ensure that the implementation team has wider representation.
C) Both form a smaller implementation team and ensure that the implementation team has wider representation.
D) Neither form a smaller implementation team nor ensure that the implementation team has wider representation.
Correct Answer
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Essay
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Multiple Choice
A) Poor leadership from top management
B) Automating existing redundant processes
C) Inaccurate data in the system
D) Significant technical difficulties
Correct Answer
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Multiple Choice
A) CRM
B) HRM
C) SCM
D) Financial management
Correct Answer
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Multiple Choice
A) Companies engaged in B2B can benefit from the COSO internal control and enterprise risk management frameworks.
B) Companies engaged in B2B must be at Level Three of the capability maturity model.
C) The weighted-rating technique is irrelevant to companies engaged in B2B.
D) Expansion into B2B is based on requirements analysis, the first step in the systems development life cycle.
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Multiple Choice
A) Financial costs associated with setting up networks.
B) Need to develop different, better internal control systems.
C) Potential for customer distrust.
D) All of these.
Correct Answer
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Multiple Choice
A) B2C
B) G2C
C) C2C
D) B2B
Correct Answer
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Multiple Choice
A) A bank is unlikely to benefit from e-business.
B) In a university, the costs of e-business usually exceed the benefits.
C) Both a bank is unlikely to benefit from e-business and in a university, the costs of e-business usually exceed the benefits are true.
D) Neither a bank is unlikely to benefit from e-business nor in a university, the costs of e-business usually exceed the benefits is true.
Correct Answer
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Multiple Choice
A) Cash
B) Account number
C) Currency
D) Some other field
Correct Answer
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Multiple Choice
A) Symbol A
B) Symbol B
C) Symbol C
D) Symbol D
Correct Answer
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Multiple Choice
A) Sales
B) Profits
C) Prepaid assets
D) Retained earnings
Correct Answer
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Essay
Correct Answer
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