B5

Question 1

What is an Enterprise resource planning system (ERP)?

Answer 1

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.

Question 2

Enterprise resource planning system (ERPs) are not

Answer 2

Sheep or quick to install.

Question 3

What does a Reasonableness test do?

Answer 3

Prompts an error message when the offset transaction total exceeds the original transaction.

Question 4

What does a field check test do?

Answer 4

compares the field values in a transaction form to the field requirements (i.e., mandatory) and format restrictions (i.e., text, numeric, dates, etc.).

Question 5

What does a size check test do?

Answer 5

Compares the transaction with a predetermined threshold on a standalone basis.

Question 6

What does a Check digit tests do?

Answer 6

Determine whether an ID number entered is a valid entry (i.e., a bank number should have nine digits).

Question 7

What is the Sails/Revenue and cash collection cycle?

Answer 7

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.

Question 8

What is the Purchasing and Distribution cycle?

Answer 8

When an organization purchase something for themselves.

Question 9

What does the treasury cycle do?

Answer 9

Manages cash transactions for example the cash paid, cash received, and other expenses.

Question 10

What is the benefit of the Waterfall method?

Answer 10

It splits development processes into chunks of manageable and distinct tasks so it can be tested and change reviews more easily.

Question 10

Production and fixed asset cycle?

Answer 10

When vehicles are being manufactured. (Bill of materials)

Question 11

Where would investment earnings go?

Answer 11

In the general ledger and reporting cycle with a journal entry.

Question 12

What is annual rate of occurrence?

Answer 12

How many times in the year will this occur.

Question 13

What is exposure factor?

Answer 13

How much damage in terms of dollars is the asset at risk expressed using a percentage?

Question 14

What is Annual loss expectancy?

Answer 14

The cost of a specific loss in a given year SLE*ARO

Question 15

What is single loss expectancy?

Answer 15

Cost of an individual loss. Damage likelihood*Avg cost of asset

Question 16

What is the primary purpose of a disaster recovery plan?

Answer 16

To specify the steps required to resume operations.

Question 17

What is business resiliency?

Answer 17

The ability of a business to quickly bounce back after a disaster.

Question 18

What does a change in management systems purpose?

Answer 18

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.

Question 19

What is system component inventory?

Answer 19

A form of documentation that is used in change management, which catalogs IT assets.

Question 20

What is the Critical path method?

Answer 20

Identifies what the longest steps in a project are and how they can make them shorter.

Question 21

What is the Kaizen method?

Answer 21

Created in Japan and focuses on making small improvements over time.

Question 22

What is the Acceptance test?

Answer 22

Ensures that the software works correctly for the intended user in his or her normal work environment.

Question 23

What is the Integration test?

Answer 23

Exercise an entire subsystem and ensure that a set of components operates smoothly together.

Question 24

What is a Unit Test?

Answer 24

Validate the smallest components of a system, ensuring that they handle known input and output correctly.