Question

1)

All of the following statements are true about ERP implementation alternatives except:

A vanilla implementation can be accomplished with moderate cost.

A vanilla implementation is easiest to implement.

A single vendor ERP implementation with customizations allows a company to maintain its strategic processes.

A single vendor ERP implementation with customizations may cause a company to forfeit internal systems which provide a strategic advantage.

A single vendor ERP implementation with customizations poses greater risk and higher cost because vendor modifications cannot be easily adopted

2)

All of the following statements are false except:

Enhanced governance and control over domestic and overseas operations is a mandate given to the purchasing department by the CFO.

A three-way match involves matching the invoice to the purchase order and the check disbursement.

In the E-R diagram for Order Entry/Sales, SALES_ORDERS activates the STOCK_PICK.

The purchasing supervisor is responsible for receiving incoming goods and signing the bill of lading.

Lack of standardized processes is not a cash forecasting challenge

3)

With respect to accounting records in a manual system, _____________ are used to capture and formalize transaction data needed for transaction processing.

product documents

journals

registers

source documents

turnaround documents