WGU D217 EVALUATION TEST QUESTIONS AND
ANSWERS SURE A+
✔✔Why is a management reporting system a control? - ✔✔Management reporting
systems are implemented at the discretion of organization management based on
internal user needs to manage and control business activities.
✔✔Which efficiencies do real-time general ledger/financial reporting systems have on
an organization's ability to produce financial statements? - ✔✔An efficiency of a real-
time general ledger/financial reporting system is integrated transaction processing,
which allows concurrent posting in the system.
✔✔Which control framework does the general ledger/financial reporting system
(GL/FRS) follow? - ✔✔The discussion of GL/FRS control activities follows the COSO
framework.
✔✔Which of the following is one of the core ERP applications? - ✔✔The core ERP
applications are sales, distribution, business planning, shop floor control and logistics.
Core applications are those applications that operationally support the day-to-day
activities of the business. If these applications fail, so does the business. Typical core
applications include, but are not limited to, sales and distribution, business planning,
production planning, shop floor control, and logistics. Core applications are also called
online transaction processing (OLTP) applications.
✔✔The objective of an ERP is - ✔✔The objective of an ERP is to integrate key
processes of the organization, such as order entry, manufacturing, procurement and
accounts payable, payroll, and human resources. By doing so, a single computer
system can serve the unique needs of each functional area.
✔✔Closed Database architecture is - ✔✔Closed database architecture is similar in
concept to the basic flat-file model. Under this approach, a database management
, system is used to provide minimal technological advantage over flat-file systems. The
database management system is little more than a private but powerful file system.
✔✔A data mart is - ✔✔A data mart is a data warehouse created for a single function or
department. Modern data warehouses may contain gigabytes of data for use by all
business functions and departments. To maximize value for single functions or
departments, a data mart may be created within the data warehouse that contains the
data specific to the function's requirements. For example, a sales data mart will contain
all of the data related to customers, salespeople, inventory, sales orders, etc., but not
manufacturing or financial data.
✔✔Most organizations implement data warehousing - ✔✔Most organizations implement
a data warehouse as part of a strategic IT initiative that involves an ERP system.
Implementing a successful data warehouse involves installing a process for gathering
data on an ongoing basis, organizing it into meaningful information, and delivering it for
evaluation. The data warehousing process has the following essential stages: Modeling
data for the data warehouse, extracting data from operational databases, cleansing
extracted data, transforming data into the warehouse model, and finally, loading data
into the data warehouse database.
✔✔Verisign is - ✔✔Verisign is a for-profit organization that provides assurance
regarding the security of transmitted data. Its mission is to provide digital certificate
solutions that enable trusted commerce and communications. Its products allow
customers to transmit encrypted data and verify the source and destination of
transmissions.
✔✔A VAN is - ✔✔In an EDI environment, a client's trading partner's computer
automatically generates electronic transactions, which are relayed across a value-
added network (VAN), and the client's computer processes the transactions without
human intervention.
✔✔Encryption is - ✔✔Encryption is the conversion of data into a secret code for storage
in databases and transmission over networks. The sender uses an encryption algorithm
to convert the original message (called cleartext) into a coded equivalent (called
ciphertext). At the receiving end, the ciphertext is decoded (decrypted) back into
cleartext.
✔✔A firewall is - ✔✔A firewall is a system used to insulate an organization's intranet
from the Internet. It can be used to authenticate an outside user of the network, verify
his or her level of access authority, and then direct the user to the program, data, or
service requested. In addition to insulating the organization's network from external
networks, firewalls can also be used to protect LANs from unauthorized internal access
✔✔Seals of assurance - ✔✔In response to consumer demand for evidence that a web-
based business is trustworthy, a number of trusted third-party organizations are offering
ANSWERS SURE A+
✔✔Why is a management reporting system a control? - ✔✔Management reporting
systems are implemented at the discretion of organization management based on
internal user needs to manage and control business activities.
✔✔Which efficiencies do real-time general ledger/financial reporting systems have on
an organization's ability to produce financial statements? - ✔✔An efficiency of a real-
time general ledger/financial reporting system is integrated transaction processing,
which allows concurrent posting in the system.
✔✔Which control framework does the general ledger/financial reporting system
(GL/FRS) follow? - ✔✔The discussion of GL/FRS control activities follows the COSO
framework.
✔✔Which of the following is one of the core ERP applications? - ✔✔The core ERP
applications are sales, distribution, business planning, shop floor control and logistics.
Core applications are those applications that operationally support the day-to-day
activities of the business. If these applications fail, so does the business. Typical core
applications include, but are not limited to, sales and distribution, business planning,
production planning, shop floor control, and logistics. Core applications are also called
online transaction processing (OLTP) applications.
✔✔The objective of an ERP is - ✔✔The objective of an ERP is to integrate key
processes of the organization, such as order entry, manufacturing, procurement and
accounts payable, payroll, and human resources. By doing so, a single computer
system can serve the unique needs of each functional area.
✔✔Closed Database architecture is - ✔✔Closed database architecture is similar in
concept to the basic flat-file model. Under this approach, a database management
, system is used to provide minimal technological advantage over flat-file systems. The
database management system is little more than a private but powerful file system.
✔✔A data mart is - ✔✔A data mart is a data warehouse created for a single function or
department. Modern data warehouses may contain gigabytes of data for use by all
business functions and departments. To maximize value for single functions or
departments, a data mart may be created within the data warehouse that contains the
data specific to the function's requirements. For example, a sales data mart will contain
all of the data related to customers, salespeople, inventory, sales orders, etc., but not
manufacturing or financial data.
✔✔Most organizations implement data warehousing - ✔✔Most organizations implement
a data warehouse as part of a strategic IT initiative that involves an ERP system.
Implementing a successful data warehouse involves installing a process for gathering
data on an ongoing basis, organizing it into meaningful information, and delivering it for
evaluation. The data warehousing process has the following essential stages: Modeling
data for the data warehouse, extracting data from operational databases, cleansing
extracted data, transforming data into the warehouse model, and finally, loading data
into the data warehouse database.
✔✔Verisign is - ✔✔Verisign is a for-profit organization that provides assurance
regarding the security of transmitted data. Its mission is to provide digital certificate
solutions that enable trusted commerce and communications. Its products allow
customers to transmit encrypted data and verify the source and destination of
transmissions.
✔✔A VAN is - ✔✔In an EDI environment, a client's trading partner's computer
automatically generates electronic transactions, which are relayed across a value-
added network (VAN), and the client's computer processes the transactions without
human intervention.
✔✔Encryption is - ✔✔Encryption is the conversion of data into a secret code for storage
in databases and transmission over networks. The sender uses an encryption algorithm
to convert the original message (called cleartext) into a coded equivalent (called
ciphertext). At the receiving end, the ciphertext is decoded (decrypted) back into
cleartext.
✔✔A firewall is - ✔✔A firewall is a system used to insulate an organization's intranet
from the Internet. It can be used to authenticate an outside user of the network, verify
his or her level of access authority, and then direct the user to the program, data, or
service requested. In addition to insulating the organization's network from external
networks, firewalls can also be used to protect LANs from unauthorized internal access
✔✔Seals of assurance - ✔✔In response to consumer demand for evidence that a web-
based business is trustworthy, a number of trusted third-party organizations are offering
