MBA 6009 Practice MCQs PDF
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This document contains a set of practice multiple-choice questions (MCQs) on topics related to ERP, business processes, and similar topics. It's suitable for MBA level students.
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\*Semi-colons were included for easy importation into Quizlet. I ask that if you do create a Quizlet from this, upload the link here or put it in Groupme. Thanks. \*125 Questions ### [Week 1: Introduction to Enterprise Systems (25 Questions)] ;**Q1. What is the primary purpose of ERP systems in o...
\*Semi-colons were included for easy importation into Quizlet. I ask that if you do create a Quizlet from this, upload the link here or put it in Groupme. Thanks. \*125 Questions ### [Week 1: Introduction to Enterprise Systems (25 Questions)] ;**Q1. What is the primary purpose of ERP systems in organizations?\ **A. To integrate and streamline business processes\ B. To enhance marketing strategies\ C. To decentralize data\ D. To replace legacy systems\ ;A: A ;**Q2. What is the Silo Effect in organizations?\ **A. Departments operate in isolation without sharing information\ B. A method of improving collaboration\ C. A strategy for cost reduction\ D. A system for tracking customer feedback\ ;A: A ;**Q3. Which ERP component manages interactions with suppliers?\ **A. Supply Chain Management (SCM)\ B. Financial Accounting (FI)\ C. Customer Relationship Management (CRM)\ D. Human Capital Management (HCM)\ ;A: A ;**Q4. What is a major benefit of real-time data access in ERP systems?\ **A. Eliminates human oversight\ B. Improves decision-making\ C. Reduces marketing expenses\ D. Centralizes payroll systems\ ;A: B ;**Q5. How does ERP scalability benefit businesses?\ **A. Allows adaptation as business needs evolve\ B. Reduces financial reporting requirements\ C. Simplifies global operations\ D. Enhances customer interactions\ ;A: A ;**Q6. Which ERP component supports integrated financial and managerial accounting?\ **A. Controlling (CO)\ B. Customer Relationship Management (CRM)\ C. Supply Chain Management (SCM)\ D. Business Intelligence (BI)\ ;A: A ;**Q7. How does ERP support global operations?\ **A. By integrating multiple languages, currencies, and regulations\ B. By decentralizing key business processes\ C. By standardizing customer interactions\ D. By limiting system access to specific regions\ ;A: A ;**Q8. What distinguishes modern ERP systems from legacy systems?\ **A. AI-driven and cloud-based functionality\ B. Limited data analytics\ C. On-premises deployment only\ D. No real-time data processing\ ;A: A ;**Q9. What is the role of workflow automation in ERP systems?\ **A. To reduce inventory levels\ B. To replace manual, repetitive tasks with streamlined processes\ C. To track employee performance\ D. To simplify financial audits\ ;A: B ;**Q10. Why is the General Ledger important in ERP systems?\ **A. It centralizes financial transaction data\ B. It replaces financial reporting requirements\ C. It automates customer-facing workflows\ D. It simplifies marketing activities\ ;A: A ;**Q11. Which department primarily benefits from Human Capital Management (HCM) in ERP?\ **A. Supply Chain Management\ B. Human Resources\ C. Marketing\ D. Finance\ ;A: B ;**Q12. What is a key challenge in ERP implementation?\ **A. Integration with existing legacy systems\ B. Reducing NAV activities\ C. Increasing marketing budgets\ D. Automating manual workflows\ ;A: A ;**Q13. How does Business Intelligence (BI) enhance ERP systems?\ **A. By converting raw data into actionable insights\ B. By automating production workflows\ C. By replacing supplier interaction systems\ D. By decentralizing financial reporting\ ;A: A ;**Q14. What is the main focus of Customer Relationship Management (CRM) in ERP?\ **A. Tracking employee performance\ B. Managing customer interactions\ C. Standardizing procurement activities\ D. Monitoring production workflows\ ;A: B ;**Q15. What is the modular structure of ERP systems designed for?\ **A. Flexible and unified components tailored to business needs\ B. Standardized standalone solutions for departments\ C. Decentralized systems for specific tasks\ D. Reduced scalability\ ;A: A ;**Q16. What does ERP scalability mean for businesses?\ **A. The system can grow and adapt to changing business needs\ B. The system has fixed capabilities\ C. The system operates only in small-scale environments\ D. The system requires frequent manual updates\ ;A: A ;**Q17. Why is compliance reporting more efficient with ERP systems?\ **A. ERP automates reporting processes and centralizes data\ B. ERP decentralizes financial management\ C. ERP removes regulatory requirements\ D. ERP focuses only on customer data\ ;A: A ;**Q18. What role does ERP play in enhancing supplier interactions?\ **A. ERP streamlines supply chain activities with integrated data\ B. ERP eliminates the need for procurement\ C. ERP focuses on customer relationship management\ D. ERP simplifies NAV activities\ ;A: A ;**Q19. How does ERP eliminate redundancies in business processes?\ **A. By unifying and streamlining operations across departments\ B. By decentralizing financial data\ C. By automating employee onboarding exclusively\ D. By reducing marketing campaigns\ ;A: A ;**Q20. What is the importance of the controlling (CO) module in ERP?\ **A. It provides cost and profitability analysis for internal decision-making\ B. It tracks supplier payments\ C. It automates order confirmations\ D. It forecasts customer demand exclusively\ ;A: A ;**Q21. What is the role of data centralization in ERP?\ **A. To enhance data sharing and minimize data silos\ B. To automate all customer interactions\ C. To increase NAV activities\ D. To simplify production workflows exclusively\ ;A: A ;**Q22. What is a major trend in modern ERP systems?\ **A. Enhanced AI and cybersecurity features\ B. Reduced cloud-based functionality\ C. Elimination of real-time processing\ D. Limited integration with financial tools\ ;A: A ;**Q23. How does ERP contribute to employee satisfaction?\ **A. By automating repetitive tasks and streamlining workflows\ B. By centralizing NAV activities\ C. By focusing on customer relationship management exclusively\ D. By increasing lead times\ ;A: A ;**Q24. Why is vendor master data important in ERP systems?\ **A. It ensures all necessary supplier information is stored and accessible\ B. It replaces procurement processes\ C. It forecasts production schedules\ D. It automates customer feedback collection\ ;A: A ;**Q25. How does ERP integration improve cross-departmental collaboration?\ **A. By enabling shared access to centralized data in real time\ B. By isolating departmental workflows\ C. By limiting system flexibility\ D. By replacing customer-facing workflows\ ;A: A ### [Week 2: Business Process Modeling and Notation (BPMN) (19 Questions)] ;**Q26. What is the primary goal of BPMN?\ **A. To visualize and standardize business processes\ B. To replace ERP systems\ C. To improve marketing campaigns\ D. To track customer interactions\ ;A: A ;**Q27. What does a swimlane in a BPMN diagram represent?\ **A. Divisions of responsibility among participants\ B. Financial transactions\ C. Exceptions in workflows\ D. Automation tasks\ ;A: A ;**Q28. Which BPMN symbol represents a start event?\ **A. Circle\ B. Diamond\ C. Rectangle\ D. Triangle\ ;A: A ;**Q29. What is the role of sequence flows in BPMN diagrams?\ **A. Indicating task progression in processes\ B. Replacing manual workflows\ C. Prioritizing gateways\ D. Dividing responsibilities\ ;A: A ;**Q30. What does an XOR Gateway do in BPMN?\ **A. Allows only one outgoing path to be taken\ B. Activates multiple outgoing paths simultaneously\ C. Merges data flows\ D. Eliminates manual activities\ ;A: A ;**Q31. How does BPMN enhance process understanding?\ **A. By standardizing visual representations of workflows\ B. By eliminating customer feedback needs\ C. By focusing exclusively on NAV activities\ D. By automating financial transactions\ ;A: A ;**Q32. What is the function of a subprocess in BPMN?\ **A. Encapsulating complex processes into a single task\ B. Automating customer-facing workflows\ C. Prioritizing lead times\ D. Evaluating inventory turnover\ ;A: A ;**Q33. What is the purpose of a timer event in BPMN?\ **A. To trigger actions based on specific times or dates\ B. To eliminate manual processes\ C. To prioritize customer interactions\ D. To streamline procurement tasks\ ;A: A ;**Q34. What is the "Happy Path" in BPMN?\ **A. The ideal flow of a process without exceptions\ B. An automated feedback loop\ C. The prioritized NAV activity\ D. A customer-focused path exclusively\ ;A: A ;**Q35. What does a Message Flow represent in BPMN?\ **A. Communication between separate entities or pools\ B. A breakdown of manual workflows\ C. An analysis of financial data\ D. An exception in the process\ ;A: A ;**Q36. What is the purpose of inclusive gateways in BPMN?\ **A. To allow one or more paths to execute based on conditions\ B. To eliminate repetitive tasks\ C. To automate NAV activities\ D. To streamline inventory management\ ;A: A ;**Q37. What does a data object signify in BPMN?\ **A. Information required or produced by a process activity\ B. Communication between pools in a process\ C. Exceptions that interrupt the workflow\ D. A collapsed subprocess within a task\ ;A: A ;**Q38. What is the purpose of artifacts in BPMN diagrams?\ **A. To provide additional information and clarify workflows\ B. To replace data flows in diagrams\ C. To automate exceptions in processes\ D. To standardize customer interactions\ ;A: A ;**Q39. How do inclusive gateways differ from XOR gateways in BPMN?\ **A. Inclusive gateways allow multiple paths to execute, while XOR gateways allow only one path\ B. XOR gateways always execute all paths\ C. Inclusive gateways merge external message flows\ D. XOR gateways do not use sequence flows\ ;A: A ;**Q40. How does BPMN support process improvement?\ **A. By visualizing workflows for analysis and optimization\ B. By automating all manual activities\ C. By standardizing financial reporting exclusively\ D. By eliminating customer-facing workflows\ ;A: A ;**Q41. Which BPMN symbol represents an end event?\ **A. A double-bordered circle\ B. A diamond\ C. A thick-bordered circle\ D. A rectangle\ ;A: C ;**Q42. What is the role of a collapsed subprocess in BPMN?\ **A. To simplify diagrams by summarizing detailed workflows\ B. To standardize message flows between entities\ C. To represent NAV activities\ D. To evaluate vendor performance\ ;A: A ;**Q43. How does a parallel gateway function in BPMN?\ **A. It allows multiple paths to be taken simultaneously\ B. It merges mutually exclusive workflows\ C. It eliminates lead times in a process\ D. It prioritizes customer interactions\ ;A: A ;**Q44. What is the significance of annotations in BPMN diagrams?\ **A. To add descriptive information to clarify process steps\ B. To replace task symbols\ C. To streamline manual workflows\ D. To highlight financial transactions\ ;A: A ### [Week 4: Process in Action (21 Questions)] ;**Q45. What is the main purpose of process transformation in organizations?\ **A. To radically redesign workflows for improved efficiency\ B. To automate repetitive tasks\ C. To standardize financial transactions\ D. To focus exclusively on NAV activities\ ;A: A ;**Q46. What is a Real Added Value (RAV) activity?\ **A. An activity for which the customer is willing to pay\ B. A task automated to streamline workflows\ C. A process improvement metric\ D. A step that adds value to internal processes only\ ;A: A ;**Q47. What distinguishes Non-Added Value (NAV) activities?\ **A. They do not contribute to customer satisfaction or organizational goals\ B. They enhance financial reporting capabilities\ C. They eliminate manual workflows\ D. They standardize procurement activities\ ;A: A ;**Q48. Why is monitoring business process performance important?\ **A. To evaluate efficiency and identify areas for improvement\ B. To automate customer-facing workflows\ C. To reduce marketing expenses\ D. To replace manual procurement tasks\ ;A: A ;**Q49. How does customer feedback contribute to process reengineering?\ **A. It identifies gaps where processes fail to meet customer needs\ B. It automates repetitive workflows\ C. It standardizes NAV activities\ D. It eliminates the need for financial reporting\ ;A: A ;**Q50. What is the financial impact of reducing NAV activities?\ **A. Lower operational costs and improved efficiency\ B. Increased marketing expenses\ C. Enhanced NAV standardization\ D. Reduced procurement budgets\ ;A: A ;**Q51. How do information systems support process execution?\ **A. By providing data and tools essential for task completion\ B. By centralizing customer feedback exclusively\ C. By prioritizing NAV activities\ D. By automating all production workflows\ ;A: A ;**Q52. What is the primary benefit of streamlining NAV activities?\ **A. Reducing costs without impacting customer satisfaction\ B. Eliminating all manual processes\ C. Improving vendor relationships\ D. Enhancing employee training programs\ ;A: A ;**Q53. What was Ford's key improvement in its accounts payable process transformation?\ **A. Centralizing purchase order and invoice processing\ B. Automating customer interactions\ C. Eliminating supplier negotiations\ D. Outsourcing accounts payable tasks\ ;A: A ;**Q54. How does process reengineering differ from process improvement?\ **A. Reengineering involves radical changes, while improvement focuses on incremental changes\ B. Reengineering eliminates NAV activities entirely\ C. Improvement standardizes workflows across departments\ D. Reengineering automates financial reporting\ ;A: A ;**Q55. Why is cross-departmental collaboration critical in process execution?\ **A. To ensure seamless workflows and prevent silos\ B. To eliminate procurement activities\ C. To centralize employee management\ D. To reduce marketing budgets\ ;A: A ;**Q56. What does process monitoring typically evaluate?\ **A. Performance metrics and bottlenecks in workflows\ B. Procurement budgets exclusively\ C. Financial transaction records\ D. Customer interaction workflows\ ;A: A ;**Q57. What is the role of NAV activities in business processes?\ **A. They add no value and should be minimized or eliminated\ B. They improve financial reporting metrics\ C. They enhance customer satisfaction\ D. They streamline manual workflows\ ;A: A ;**Q58. How do streamlined business processes financially benefit organizations?\ **A. By increasing revenue and reducing operational costs\ B. By automating all customer-facing workflows\ C. By centralizing financial reporting\ D. By eliminating all NAV activities\ ;A: A ;**Q59. How did Mazda's accounts payable process differ from Ford's before transformation?\ **A. Mazda required fewer employees for similar tasks\ B. Mazda outsourced all invoicing processes\ C. Mazda eliminated supplier relationships\ D. Mazda automated customer feedback exclusively\ ;A: A ;**Q60. What is a key benefit of reducing NAV activities?\ **A. Lower costs without compromising customer satisfaction\ B. Improved vendor lead times\ C. Enhanced financial forecasting exclusively\ D. Automated customer feedback loops\ ;A: A ;**Q61. How do NAV activities impact business performance?\ **A. They increase operational inefficiencies and costs\ B. They improve production workflows\ C. They enhance supplier interactions\ D. They reduce customer complaints\ ;A: A ;**Q62. Why is customer feedback essential for process improvement?\ **A. It highlights areas where workflows fail to meet customer expectations\ B. It automates NAV activities\ C. It replaces supplier evaluation processes\ D. It standardizes financial reporting exclusively\ ;A: A ### [Week 5: ERP Simulation and Decision-Making (20 Questions)] ;**Q63. What is the primary purpose of Material Requirements Planning (MRP)?\ **A. To track customer interactions\ B. To determine material needs based on production and sales plans\ C. To monitor supplier performance\ D. To forecast marketing budgets\ ;A: B ;**Q64. How is inventory turnover calculated?\ **A. Sales revenue divided by total inventory\ B. Cost of goods sold divided by average inventory\ C. Total purchases divided by supplier lead time\ D. Average inventory multiplied by lead time\ ;A: B ;**Q65. What is the significance of the Regional Sales Performance Report in ERPsim?\ **A. Evaluates marketing campaign performance\ B. Analyzes sales trends by region to guide decisions\ C. Tracks vendor delivery schedules\ D. Monitors customer complaints\ ;A: B ;**Q66. What is the role of contribution margin analysis in ERPsim?\ **A. To determine product profitability by subtracting variable costs from revenue\ B. To evaluate supplier performance metrics\ C. To monitor inventory turnover\ D. To forecast customer demand trends\ ;A: A ;**Q67. Why is lead time important in procurement during ERPsim?\ **A. It impacts how quickly stock is replenished to meet demand\ B. It forecasts sales trends\ C. It reduces marketing budgets\ D. It eliminates procurement costs\ ;A: A ;**Q68. How does pricing strategy influence inventory levels in ERPsim?\ **A. Higher prices increase stock levels\ B. Balanced pricing aligns inventory with demand\ C. Pricing is irrelevant to stock management\ D. Lower prices eliminate lead times\ ;A: B ;**Q69. Why is monitoring stock levels critical in ERPsim?\ **A. To avoid stockouts and lost sales opportunities\ B. To eliminate procurement processes\ C. To increase marketing efficiency\ D. To streamline lead time management\ ;A: A ;**Q70. What is the primary objective of the Summary Sales Report (ZVC2)?\ **A. To track customer satisfaction metrics\ B. To provide aggregated daily sales data for performance analysis\ C. To analyze supplier delivery performance\ D. To monitor procurement costs\ ;A: B ;**Q71. Why is liquidity planning essential in ERPsim?\ **A. To ensure sufficient cash flow for operations\ B. To increase supplier lead times\ C. To simplify marketing strategies\ D. To eliminate NAV activities\ ;A: A ;**Q72. How does the Detailed Sales Report (ZVA05) assist decision-making in ERPsim?\ **A. Tracks customer-specific sales revenue by region\ B. Provides an overview of marketing budgets\ C. Monitors procurement delays\ D. Calculates NAV activity costs\ ;A: A ;**Q73. What happens when stockouts occur in ERPsim?\ **A. Customer satisfaction decreases and sales are lost\ B. Inventory turnover improves\ C. Procurement costs are reduced\ D. Sales forecasts increase\ ;A: A ;**Q74. How does overproduction negatively impact ERPsim performance?\ **A. It increases inventory costs and risks unsold stock\ B. It reduces customer satisfaction metrics\ C. It simplifies marketing strategies\ D. It eliminates lead times\ ;A: A ;**Q75. What does the Company Valuation Report evaluate in ERPsim?\ **A. Supplier lead times\ B. Overall business performance, including profit and risk\ C. Customer feedback trends\ D. Marketing budget efficiency\ ;A: B ;**Q76. Why is contribution margin a key metric in ERPsim?\ **A. It determines the profitability of products and regions\ B. It reduces procurement delays\ C. It replaces the need for marketing strategies\ D. It automates customer interactions\ ;A: A ;**Q77. How does marketing influence inventory management in ERPsim?\ **A. By driving demand in regions where stock is available\ B. By reducing lead times\ C. By eliminating NAV activities\ D. By simplifying production schedules\ ;A: A ;**Q78. How does ERPsim balance production and sales strategies?\ **A. By ensuring sufficient inventory is available to meet demand\ B. By prioritizing marketing over production\ C. By eliminating stockouts entirely\ D. By reducing supplier lead times\ ;A: A ;**Q79. What is the purpose of the MRP run in ERPsim?\ **A. To calculate material needs based on production and demand forecasts\ B. To forecast customer satisfaction metrics\ C. To simplify marketing strategies\ D. To eliminate NAV activities\ ;A: A ;**Q80. How does real-time data integration support ERPsim decision-making?\ **A. By consolidating all business processes into one system\ B. By eliminating customer-facing workflows\ C. By tracking NAV activity exclusively\ D. By increasing lead times\ ;A: A ;**Q81. Why is pricing strategy critical to financial performance in ERPsim?\ **A. It balances demand and prevents excess inventory\ B. It eliminates procurement costs entirely\ C. It simplifies NAV activity monitoring\ D. It replaces supplier evaluation metrics\ ;A: A ### [Week 6: Procurement Process (16 Questions)] ;**Q82. What is the purpose of a purchase requisition in procurement?\ **A. To formally request goods or services from the purchasing department\ B. To monitor supplier delivery performance\ C. To eliminate procurement workflows\ D. To track financial transactions exclusively\ ;A: A ;**Q83. How does vendor master data support procurement?\ **A. By storing essential information for business transactions with suppliers\ B. By tracking customer satisfaction exclusively\ C. By automating invoice verification\ D. By eliminating NAV activities\ ;A: A ;**Q84. What is included in a purchasing info record?\ **A. Vendor pricing and delivery terms for specific materials\ B. Historical sales data by region\ C. Customer interaction metrics\ D. Procurement delays\ ;A: A ;**Q85. What does a source list specify in procurement?\ **A. Approved vendors for specific materials\ B. Inventory turnover rates\ C. Financial transaction histories\ D. Sales forecasts for specific products\ ;A: A ;**Q86. What is the role of invoice verification in procurement?\ **A. Ensuring purchase orders match goods receipts and invoices\ B. Automating customer payments\ C. Simplifying vendor evaluation processes\ D. Eliminating lead time calculations\ ;A: A ;**Q87. How does procurement integrate with financial accounting?\ **A. By automatically generating accounts payable entries\ B. By eliminating invoice verification workflows\ C. By automating marketing budgets\ D. By standardizing NAV activity reporting\ ;A: A ;**Q88. Why is vendor evaluation critical in procurement?\ **A. To identify reliable suppliers and improve delivery performance\ B. To automate purchase requisitions\ C. To prioritize NAV activities\ D. To reduce customer feedback requirements\ ;A: A ;**Q89. What is the purpose of a blanket purchase order?\ **A. To simplify recurring purchases with a single vendor\ B. To replace NAV activities\ C. To evaluate supplier performance exclusively\ D. To track inventory turnover\ ;A: A ;**Q90. How does lead time impact procurement efficiency?\ **A. Shorter lead times improve the ability to meet production deadlines\ B. Lead times reduce marketing budgets\ C. Lead times eliminate NAV activities\ D. Lead times track financial transaction records\ ;A: A ;**Q91. What is the significance of material master data in procurement?\ **A. It manages all essential information for material-related processes\ B. It simplifies financial reporting\ C. It reduces NAV activities\ D. It automates customer-facing workflows\ ;A: A ;**Q92. What happens when a goods receipt is posted?\ **A. Inventory is updated and accounting documents are created\ B. Sales forecasts are adjusted\ C. Customer complaints are resolved\ D. Procurement costs are reduced\ ;A: A ;**Q93. How does procurement impact production planning?\ **A. By ensuring materials are available on time for production needs\ B. By reducing supplier performance evaluations\ C. By automating financial reporting\ D. By prioritizing NAV activities exclusively\ ;A: A ;**Q94. What is the role of a procurement process in enterprise systems?\ **A. To ensure the availability of materials for production and sales\ B. To replace customer feedback loops\ C. To track employee performance metrics\ D. To eliminate NAV activity reporting\ ;A: A ;**Q95. Why is vendor evaluation a continuous process?\ **A. To ensure consistent supplier performance and improve relationships\ B. To automate purchase order workflows\ C. To reduce lead time calculations\ D. To simplify financial reporting requirements\ ;A: A ;**Q96. How does invoice verification support financial accuracy?\ **A. By ensuring all procurement transactions are valid and accurate\ B. By replacing NAV activity reporting\ C. By eliminating procurement workflows\ D. By automating customer payments\ ;A: A ### [Week 7: Production Process (14 Questions)] ;**Q97. What is the purpose of a Bill of Materials (BOM) in production?\ **A. To track customer orders\ B. To list all components required to produce a product\ C. To evaluate supplier performance\ D. To analyze sales data\ ;A: B ;**Q98. How does routing improve production efficiency?\ **A. By defining the sequence of operations needed to manufacture a product\ B. By tracking financial transactions\ C. By monitoring inventory turnover\ D. By automating customer feedback loops\ ;A: A ;**Q99. What is the difference between independent demand and dependent demand?\ **A. Independent demand comes from customer orders, while dependent demand arises from production needs\ B. Independent demand applies to raw materials, while dependent demand applies to finished goods\ C. Independent demand is always forecasted, while dependent demand is fixed\ D. Independent demand impacts sales, while dependent demand impacts procurement\ ;A: A ;**Q100. What is the purpose of order confirmation in production?\ **A. To log progress and completion of production tasks\ B. To monitor supplier performance\ C. To track marketing efficiency\ D. To finalize financial transactions\ ;A: A ;**Q101. What happens during the posting of a goods receipt in production?\ **A. Inventory levels are updated, and accounting documents are created\ B. Sales orders are automatically closed\ C. Production schedules are reset\ D. Supplier invoices are verified\ ;A: A ;**Q102. How does production scheduling impact operational efficiency?\ **A. By allocating resources to meet demand within defined timelines\ B. By simplifying procurement workflows\ C. By prioritizing customer interactions\ D. By standardizing NAV activities\ ;A: A ;**Q103. What is the significance of capacity utilization in production?\ **A. It measures how effectively resources are being used\ B. It tracks supplier lead times\ C. It eliminates production delays\ D. It automates financial reporting\ ;A: A ;**Q104. Why is planned vs. actual production monitoring critical?\ **A. To identify delays or inefficiencies in the production process\ B. To increase customer satisfaction metrics\ C. To streamline inventory turnover exclusively\ D. To reduce NAV activities\ ;A: A ;**Q105. How does Material Requirements Planning (MRP) support production?\ **A. By calculating the materials required based on demand forecasts\ B. By reducing procurement costs\ C. By increasing supplier performance\ D. By automating customer-facing workflows\ ;A: A ;**Q106. What is the role of a work center in production?\ **A. A location where value-added operations are performed\ B. A financial tracking unit for procurement\ C. A monitoring point for NAV activities\ D. A central database for customer interactions\ ;A: A ;**Q107. Why is order settlement important in production?\ **A. To allocate production costs to specific cost objects\ B. To track lead times in procurement\ C. To eliminate inventory turnover calculations\ D. To monitor customer satisfaction\ ;A: A ;**Q108. What is the impact of delayed production orders?\ **A. Increased lead times and potential stockouts\ B. Improved inventory turnover\ C. Reduced customer satisfaction exclusively\ D. Simplified procurement processes\ ;A: A ;**Q109. What does production confirmation achieve?\ **A. Records completed work and resource usage\ B. Tracks financial transactions exclusively\ C. Automates sales reporting\ D. Simplifies supplier evaluation\ ;A: A ;**Q110. Why is the monitoring of resource availability important in production?\ **A. To ensure capacity is sufficient to meet demand\ B. To automate inventory adjustments\ C. To eliminate NAV activities\ D. To simplify financial reporting\ ;A: A ### [Week 8: ERPsim -- Business Processes and Reports (30 Questions)] ;**Q111. What are the primary business processes in ERPsim?\ **A. Planning, Procurement, Production, and Sales\ B. Procurement, Marketing, and IT Operations\ C. Sales, Customer Support, and Logistics\ D. Financial Management, Procurement, and Inventory\ ;A: A ;**Q112. How does the MRP run contribute to ERPsim?\ **A. By calculating material needs based on production schedules and demand forecasts\ B. By automating customer-facing workflows\ C. By replacing financial reporting exclusively\ D. By simplifying procurement workflows\ ;A: A ;**Q113. What does the Contribution Margin Analysis report measure?\ **A. Profitability of products and regions\ B. Supplier delivery performance\ C. Inventory turnover rates\ D. Customer satisfaction trends\ ;A: A ;**Q114. How does ERPsim balance production and marketing strategies?\ **A. By ensuring sufficient inventory is available to meet demand\ B. By prioritizing production over sales\ C. By reducing supplier evaluations\ D. By eliminating NAV activities\ ;A: A ;**Q115. What does the Detailed Sales Report provide in ERPsim?\ **A. Sales revenue and customer-specific data by region\ B. Marketing campaign performance\ C. Financial transaction summaries\ D. NAV activity tracking\ ;A: A ;**Q116. Why is liquidity planning important in ERPsim?\ **A. To forecast cash inflows and outflows for financial stability\ B. To simplify procurement tasks\ C. To automate production scheduling\ D. To increase NAV activities\ ;A: A ;**Q117. What is the purpose of the Company Valuation report in ERPsim?\ **A. To evaluate overall business performance, including profits and risks\ B. To track supplier performance exclusively\ C. To calculate inventory turnover\ D. To automate marketing adjustments\ ;A: A ;**Q118. What happens when stockouts occur in ERPsim?\ **A. Customer satisfaction decreases, and sales opportunities are lost\ B. Inventory turnover improves\ C. Procurement costs are reduced\ D. Lead times increase\ ;A: A ;**Q119. How do marketing adjustments impact sales in ERPsim?\ **A. By driving demand in regions where stock is available\ B. By increasing procurement budgets\ C. By reducing NAV activity tracking\ D. By automating pricing adjustments\ ;A: A ;**Q120. Why is analyzing regional sales performance critical in ERPsim?\ **A. To tailor strategies to the unique needs of each market\ B. To standardize inventory turnover rates\ C. To eliminate production delays\ D. To reduce lead times exclusively\ ;A: A ;**Q121. How does pricing strategy affect sales in ERPsim?\ **A. Balanced pricing aligns inventory with demand\ B. High prices eliminate stockouts\ C. Low prices reduce inventory turnover\ D. Pricing has no impact on ERPsim outcomes\ ;A: A ;**Q122. What does the Summary Sales Report (ZVC2) track?\ **A. Aggregated daily sales performance by product\ B. Customer satisfaction scores\ C. Inventory turnover exclusively\ D. Procurement cost efficiency\ ;A: A ;**Q123. Why is the Forecast Accuracy report important in ERPsim?\ **A. To measure alignment between sales forecasts and actual performance\ B. To track supplier efficiency exclusively\ C. To simplify marketing adjustments\ D. To automate financial reporting\ ;A: A ;**Q124. How does inventory turnover impact financial performance in ERPsim?\ **A. Higher turnover reduces tied-up capital and storage costs\ B. Higher turnover increases lead times\ C. Higher turnover eliminates NAV activities\ D. Higher turnover reduces marketing budgets\ ;A: A ;**Q125. How does real-time data integration improve decision-making in ERPsim?\ **A. By consolidating all business processes into one unified system\ B. By automating NAV activity tracking\ C. By simplifying customer satisfaction reporting\ D. By reducing procurement budgets\ ;A: A