B5 Flashcards
What is an Enterprise resource planning system (ERP)?
provide real-time communication across systems by utilizing a centralized database and a user interface with multiple modules. These modules can function independently or as an interconnected system that shares data between business units.
Enterprise resource planning system (ERPs) are not
Sheep or quick to install.
What does a Reasonableness test do?
Prompts an error message when the offset transaction total exceeds the original transaction.
What does a field check test do?
compares the field values in a transaction form to the field requirements (i.e., mandatory) and format restrictions (i.e., text, numeric, dates, etc.).
What does a size check test do?
Compares the transaction with a predetermined threshold on a standalone basis.
What does a Check digit tests do?
Determine whether an ID number entered is a valid entry (i.e., a bank number should have nine digits).
What is the Sails/Revenue and cash collection cycle?
Customers buy/place orders on thing (Pick Tickets)
working with a customer to finance a vehicle involves collecting cash, even though those collections are spread over time. This example also involves verifying the customer’s credit history to potentially approve a loan.
What is the Purchasing and Distribution cycle?
When an organization purchase something for themselves.
What does the treasury cycle do?
Manages cash transactions for example the cash paid, cash received, and other expenses.
What is the benefit of the Waterfall method?
It splits development processes into chunks of manageable and distinct tasks so it can be tested and change reviews more easily.
Production and fixed asset cycle?
When vehicles are being manufactured. (Bill of materials)
Where would investment earnings go?
In the general ledger and reporting cycle with a journal entry.
What is annual rate of occurrence?
How many times in the year will this occur.
What is exposure factor?
How much damage in terms of dollars is the asset at risk expressed using a percentage?
What is Annual loss expectancy?
The cost of a specific loss in a given year SLE*ARO
What is single loss expectancy?
Cost of an individual loss. Damage likelihood*Avg cost of asset
What is the primary purpose of a disaster recovery plan?
To specify the steps required to resume operations.
What is business resiliency?
The ability of a business to quickly bounce back after a disaster.
What does a change in management systems purpose?
Its what tracks a project, the time it takes and the money spent over the contract amount.
authorizing and monitoring changes related to information technology, including software implementation, development, application programs, database administration, etc.
What is system component inventory?
A form of documentation that is used in change management, which catalogs IT assets.
What is the Critical path method?
Identifies what the longest steps in a project are and how they can make them shorter.
What is the Kaizen method?
Created in Japan and focuses on making small improvements over time.
What is the Acceptance test?
Ensures that the software works correctly for the intended user in his or her normal work environment.
What is the Integration test?
Exercise an entire subsystem and ensure that a set of components operates smoothly together.
