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A central-local computer arrangement is called ____________________ architecture.
SAP's biggest competitor is ____________________.
An important consideration in minimizing the risk of fraud and abuse is defining limits
on the dollar value of business transactions that certain employees can process.
The U.S. Congress passed the Sarbanes-Oxley Act of 2002 in response to the fraud and
abuse in the Enron collapse.
In flowchart analysis, each activity in the process is analyzed for the value it adds to the
product or service.
____________________ is the direct computer-to-computer exchange of standard
business documents.
Give some examples of Marketing and Sales in a small business such as a coffee shop
or some other simple example.
A return on investment (ROI) is an assessment of an investment project's value,
calculated by dividing the value of the project's benefits by the project's cost.
Discuss the reasons behind a bumpy rollout of an ERP system. Cite some real
examples.
Describe how information is exchanged between lower operating levels in the
functional organization shown in the accompanying figure.
Figure 2-2 Information and material flows in the functional business model
When a company has an ERP system, the general ledger is maintained by the ERP
system.
How does ERP facilitate "drilling down" to see the details of transaction data?
An ERP system allows data to be entered once, and then used throughout the
organization.
The software that holds that data in an organized fashion, and that allows for the easy
retrieval of data, is the ____________________.
The business functions of financial accounting, cost allocation and control, planning
and budgeting, and cash-flow management take place in the ____________________
functional area of operation.
