1. Which of the following statements are false? (Note: Select all statements that are false).

a. An example of an increase in cash flows from a system project is the savings on equipment rental fees.

b. Moving a company's ERP system to the cloud can create significant organizational disruptions.

c. Having agile information systems is one strategy a company can use to increase its competitive advantage.

d. The TPS (Transaction Processing System) provides standard reports generated with data and information from the MIS (Management Information System).

e. Company CIOs (Chief Information Officers) are not concerned about the perceived data risk of cloud-based ERP systems.

2. Which of the following statements are false? (Note: Select all statements that are false).

a. If the implementation size of a cloud-based ERP system is small and the complexity of the system is high, then the likelihood of success of the system is very high.

b. Data that is represented by graphic images and pictures is called audio data.

c. Information system feedback can help organizations increase revenues and reduce expenses.

d. One characteristic of information is that it must be secure. This means that you can check it to make sure it is correct.

e. Virtual reality is a special-purpose system.

3. Which of the following statements are false? (Note: Select all statements that are false).

a. For Early Adopters, a company should use a strategy that provides them with assistance getting started with its new product or service.

b. The typical cumulative ongoing labor costs of a cloud-based ERP are $7.5 million over a 5-year period.

c. With respect to the typical one-time cost of an in-house ERP solution, the high range for the cost is $119 million and the low range is $42 million.

d. The longer the payback period, the more financially attractive a project is.

e. Oracle and SAP are both cloud-based ERP providers who have invested in system security features that exceed what an on-premises ERP system can provide.

4. Which of the following statements are false?

(There are multiple correct answers and you must select all correct choices in order to get full credit for the question.)

a. A field is a collection of related characters that comprise an attribute, such as a customer number or name.

b. One of the advantages of enterprise systems is that they have a function orientation instead of a process orientation.

c. Telling the customer when they will receive an item is known as available to promise (ATP).

d. Because ERP systems are modular, a company can buy what it needs.

e. One of the advantages of ERP packages is that they are easy to configure.

5. Which of the following statements are true?

(There are multiple correct answers and you must select all correct choices in order to get full credit for the question.)

a. Enterprise systems provide a central information resource for the organization.

b. One of the disadvantages of ERP systems is that they are configurable.

c. Analyzing vendor performance might be one function performed by an ERP system as part of the purchasing process.

d. Microsoft Dynamics ERP systems are typically marketed to large companies instead small and medium-sized companies.

e. One of the advantages of ERP systems is that they are difficult to configure.

6. Which of the following statements are true?

(There are multiple correct answers and you must select all correct choices in order to get full credit for the question.)

a. A third-party module can be connected to an ERP system using middleware.

b. Business process management includes the conversion of manual processes to automated processes.

c. A character is a basic unit of data.

d. Value is created in an organization by enhancing the differentiation of its products or services.

e. In an ERP system, the API is provided by the company that developed the ERP system.

7. Which of the following statements are true? (Note: Select all statements that are true).

a. Neural networks are one type of artificial intelligence systems.

b. Cash flow is the number of years required to recover the initial cost of an investment in a systems project.

c. Cloud-based technology solutions require companies to loosen their control of critical data.

d. System Design includes ascertaining what outputs must be produced by the system.

e. In the Disposition phase of a system development project, the design of the system is converted into a complete information system.

8. Which of the following statements are true? (Note: Select all statements that are true).

a. IT organizations with a strong sense of ownership of the company's technology solutions are usually happy about the move to a cloud-based ERP solution.

b. A management information system (MIS) focuses on operational efficiency.

c. Feedback is defined as information from the system that can be used to make changes to input or processing activities.

d. Software is defined as the computer programs that govern the operation of the computer.

e. Microsoft's Dynamics ERP solution is a cloud-based application that runs on the Windows Azure platform.

9. Which of the following statements are false?

(There are multiple correct answers and you must select all correct choices in order to get full credit for the question.)

a. SRM software manages a company's interactions with its suppliers.

b. SCM software is designed to manage product data from design through manufacturing.

c. Supply chain management (SCM) software is typically under the control of external partners in the chain.

d. Software that builds and maintains an organization's customer-related database is known as supply chain management (SCM) software.

e. Product life cycle management (PLM) software tracks a product from design, continuing through manufacture, and culminating with the disposal of the product at the end of its life.

10. Which of the following statements are false?

(There are multiple correct answers and you must select all correct choices in order to get full credit for the question.)

a. In the Order-to-Cash Process, Presales activities represent the second step in the process.

b. A field is a basic unit of data.

c. The HR module in a typical ERP system is used partly for personnel training and travel.

d. In an ERP system, the Material Management module typically interacts with the Financial Accounting module.

e. Sales and Distribution is one of the major ERP modules.