Accounting Information Systems The Crossroads of Accounting and IT 2e
ll ll ll ll ll ll ll ll ll
Donna Kay Ali Ovlia (Solutions Manual All Chapters, 100% Original
ll ll ll ll ll ll ll ll ll
Verified, A+ Grade) All Chapters Solutions Manual Supplement files
ll ll ll ll ll ll ll ll ll
download link at the end of this file. l ll ll ll ll ll ll ll
Active Review ll
1.1 Refer to the chapter opener, Meet Business Intelligence. In your opinion, how can business intelligence
ll ll ll ll ll ll ll ll ll ll ll ll ll ll
create value using the accounting system?
l ll ll ll ll ll
Students’ opinion may differ. However, their opinion should include: Increase profitability, improve
ll ll ll ll ll ll ll ll ll ll ll
customer relationship, increase sales by targeting the right customer category, and in general improving all
ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll
aspects of business activities.
l ll ll ll
1.2 Refer to the chapter opener, Meet Business Intelligence. Discuss the importance of sales data in
ll ll ll ll ll ll ll ll ll ll ll ll ll ll
creating business intelligence for an organization.
l ll ll ll ll ll
Business intelligence allows organization to continuously monitor their sales transaction. By monitoring
ll ll ll ll ll ll ll ll ll ll ll
sales, enterprise can fine-tune other business processes such as purchasing, production, advertising, and
l ll ll ll ll ll ll ll ll ll ll ll ll
customer service.
ll ll
1.3 Pick your favorite Accounting Insight from Chapter 1. Discuss why it’s your favorite.
ll ll ll ll ll ll ll ll ll ll ll ll
The answer to this question depends on the student selection and his/her reason for selecting it.
ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll
1.4 What are the modules in the baseline accounting system model? Discuss the purposes and transactions
ll ll ll ll ll ll ll ll ll ll ll ll ll ll
associated with each module.
l ll ll ll
1. Vendors. This module encapsulates all data and business processes related to vendors. The transactions
ll ll ll ll ll ll ll ll ll ll ll ll ll
associated with Vendors module are: Create purchase Order, Receive Items, and Enter Bills.
ll ll ll ll ll ll ll ll ll ll ll ll ll
2. Customers. This module encapsulates all data and business processes related to customers. The ll ll ll ll ll ll ll ll ll ll ll l l
processes associated with Customers module are: Create Invoice, and Receive Customer Payments.
ll ll ll ll ll ll ll ll ll ll ll ll
3. Employees. This module encapsulates all data and business processes related to employees. The ll ll ll ll ll ll ll ll ll ll ll ll
processes associated with Vendor module are: Enter Time and Calculate Payroll.
ll ll ll ll ll ll ll ll ll ll ll
4. Banking. This module encapsulates all data and business processes related to organization banking. The
ll ll ll ll ll ll ll ll ll ll ll ll ll
processes associated with Banking module are: Pay Bills, Make Deposit, Pay Employees, and Pay
ll ll ll ll ll ll ll ll ll ll ll ll ll ll
Payroll Liabilities.
ll ll
5. Financials. This module encapsulates all data and business processes related to the organization ll ll ll ll ll ll ll ll ll ll ll ll
financials. The processes associated with Financial module are: Adjusting Entries, Correcting Entries,
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Closing, and ad-hoc financial activities.
ll ll ll ll ll
6. Reports. This module encapsulates all data and business processes related to the accounting reports. The
ll ll ll ll ll ll ll ll ll ll ll ll ll ll
processes associated with Reports module are: Management Reports, Tax Reports, External Financial
ll ll ll ll ll ll ll ll ll ll ll ll
Reports, and Sustainability Reports.
ll ll ll ll
1.5 Discuss how the features of a spreadsheet and a database are similar and how they are different.
ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll
A spreadsheet shows rows and columns of a table and that is same as database table’s records and fields
ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll
features. Actually, a spreadsheet row is a record and a column is a field in a database table
l ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll
1.6 Discuss the potential risks if a company’s accounting system is not well secured.
ll ll ll ll ll ll ll ll ll ll ll ll
Unauthorized access to the accounting data and software could result in valuable information being stolenor
ll ll ll ll ll ll ll ll ll ll ll ll ll ll l
damaged and virus or other malicious software damage accounting systems software.
ll ll ll ll ll ll ll ll ll ll ll
1.7 Discuss the benefits of an integrated enterprise system. ll ll ll ll ll ll ll
,An integrated enterprise system allows data to be shared among various enterprise departments. For
ll ll ll ll ll ll ll ll ll ll ll ll ll
example, an advertising department can use data collected about sales to cluster customers into categories
ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll
and target customers-categories with different adverting methods.
l ll ll ll ll ll ll
1.8 Discuss how value chain activities are related to accounting transaction cycles.
ll ll ll ll ll ll ll ll ll ll
The value chain facilitates coordination of activities with suppliers and customers, including purchasingand
ll ll ll ll ll ll ll ll ll ll ll ll l
sales transactions.
ll ll
1.9 Discuss the significance of information technology to the accounting professional.
ll ll ll ll ll ll ll ll ll
Today, most accounting systems are computerized systems. These accounting systems are installed on the
ll ll ll ll ll ll ll ll ll ll ll ll ll
enterprise computers and used on the enterprise internal networks as well as the Internet. To effectively
l ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll
work with computers and use accounting systems, accountants must know enough about computers and
ll ll ll ll ll ll ll ll ll ll ll ll ll ll
networks to be able to use computerized accounting systems.
ll ll ll ll ll ll ll ll ll
1.10 Discuss problems that enterprises may experience with shadow data. ll ll ll ll ll ll ll ll
Shadow data little or lack of documentation and lack or inadequate security and control are two major
ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll
problems experienced by enterprises.
l ll ll ll
Key Terms Check ll ll
1.11 Match the following terms and definitions. ll ll ll ll ll
d 1. An organizing framework for business
ll ll l l ll ll ll ll ll
processes,beginning with vendors and ending with
ll l ll ll ll ll ll
a. enterprise system ll
customers
ll
b. integrated enterprise system ll ll
h 2. Exchanges or transactions between an enterprise
ll ll l l ll ll ll ll ll ll
c. business processes ll
andits customers
ll l ll
d. value chain ll
e 3. Accounting transactions related to specific
ll ll l l ll ll ll ll ll
e. transaction cycles ll
businessprocesses
ll l
f. purchasing cycle ll
b 4. Shares data across functional areas within
ll ll l l ll ll ll ll ll ll
g. payroll cycle ll
theenterprise
ll l
h. sales cycle ll
g 5. Transactions with employees
ll ll l l ll ll ll
i. baseline accounting system ll ll
c 6. Related activities performed by an enterprise
ll ll l l ll ll ll ll ll ll
tocreate value by transforming input into output
ll l ll ll ll ll ll ll
a 7. A system that supports business activities
ll ll l l ll ll ll ll ll ll
throughoutthe enterprise, including inputs, processing, and
ll l ll ll ll ll ll
outputs
ll
f 8. Transactions related to purchasing items
ll ll l l ll ll ll ll ll
fromvendors
ll l
i 9. A model that provides an enterprise-wide view of the
ll ll l l ll ll ll ll ll ll ll ll ll
firm’s accounting system ll ll
,1.12 Match the following terms and definitions.
ll ll ll ll ll
f 1. A module that relates to output from the accounting
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system.
l
a. vendors module
ll
e 2. A module that includes adjusting and correcting
ll ll l l ll ll ll ll ll ll ll
b. customers module ll
entries.
l
c. employees module ll
a 3. A module related to purchasing goods and services.
ll ll l l ll ll ll ll ll ll ll ll
d. banking module
ll
d 4. A module that involves cash received and cash paid.
ll ll l l ll ll ll ll ll ll ll ll ll
e. financial module ll
c 5. A module related to the payroll cycle.
ll ll l l ll ll ll ll ll ll ll
f. reports module
ll
b 6. A module related to selling the customer a product
ll ll l l ll ll ll ll ll ll ll ll ll
g. adjusting entries ll
or service.
l ll
h. correcting entries
m 7. Reports used to evaluate an enterprise’s
ll
ll ll l l ll ll ll ll ll ll
i. closing entries
ll
sustainability performance. ll
j. financial reportsll
k 8. Reports used when filing federal, state, and local
ll ll l l ll ll ll ll ll ll ll ll
k. tax reports
ll
returns.
l
l. management reports ll
l 9. Reports prepared to assist managers in making
ll ll l l ll ll ll ll ll ll ll
m. sustainability reports ll
decisions.
l
j 10. Reports that include a company’s income
ll ll l l ll ll ll ll ll ll
statement, balance sheet, and statement of cash flows. ll ll ll ll ll ll ll
g 11. Entries to bring accounts up to date at year end.
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i 12. Zeros out income and expense accounts at year
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end.
l
h 13. Entries to correct errors.
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, 1.13 Match the following terms and definitions.
ll ll ll ll ll
c
ll ll 1. A unique identifier for each record.
l l ll ll ll ll ll ll
g 2. An online application that permits users to view
ll ll l l ll ll ll ll ll ll ll ll
a. field
data in a multidimensional way.
l ll ll ll ll
b. record
b 3. A collection of related database fields.
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c. primary key ll
f 4.Data analytics and predictive modeling used to gain
ll ll l l ll ll ll ll ll ll ll
d. relational database ll
insights from data to improve the quality of business
l ll ll ll ll ll ll ll ll
e. operational database ll
decisions.
ll
f. business intelligencell
a 5. A piece of information.
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g. OLAP cubesll
e 6. A database that stores transactions related to
ll ll l l ll ll ll ll ll ll ll
business operations.
l ll
d 7. A collection of related database tables.
ll ll l l ll ll ll ll ll ll
1.14 Match the following terms and definitions.
ll ll ll ll ll
g 1. A framework for organizing the complex,
ll ll ll ll ll ll ll ll ll
multifaceted undertaking of developing a system.
ll ll ll ll ll ll
a. people
k 2. Includes testing databases and computer programs
ll ll l l ll ll ll ll ll ll
b. processes
for the new system.
l ll ll ll
c. technology
h 3. Includes scheduling, budgeting, and staffing a
ll ll l l ll ll ll ll ll ll
d. information technology (IT) ll ll
project.
l
e. IT architecture
ll
i 4. Includes evaluating new system requirements.
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f. IT infrastructure
ll
m 5. Using the new system on an ongoing basis and
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g. system development life cycle (SDLC)
ll ll ll ll
maintaining and updating it as necessary.
l ll ll ll ll ll
h. plan
l 6. Setting up new IT hardware, software, and
ll ll l l ll ll ll ll ll ll ll
i. analyze
databases.
l
j. design
j 7. Prepare models for business processes and databases
ll ll l l ll ll ll ll ll ll ll
k. build/buy
for the new system.
l ll ll ll
l. install
b 8. One of the three keys of opportunity that focuses on
ll ll l l ll ll ll ll ll ll ll ll ll ll
m. deploy
how business activities are impacted.
l ll ll ll ll
c 9. One of the three keys of opportunity that focuses on
ll ll l l ll ll ll ll ll ll ll ll ll ll
software, hardware, and networks.
l ll ll ll
a 10. One of the three keys of opportunity that focuses
ll ll ll ll ll ll ll ll ll ll ll ll
on how employees, customers, and vendors are impacted.
ll ll ll ll ll ll ll ll
d 11. Consists of software, hardware, and network
ll ll l l ll ll ll ll ll ll
technology used by an organization.
l ll ll ll ll
f 12. How specific software, hardware and networks are
ll ll l l ll ll ll ll ll ll ll
used to build IT architecture for an enterprise.
l ll ll ll ll ll ll ll
e 13. The design or blueprint for an enterprise’s
ll ll l l ll ll ll ll ll ll ll
information technology. ll
Practice Test ll
1.15 In addition to accounting systems, which of the following are member of enterprise systems?
ll ll ll ll ll ll ll ll ll ll ll ll ll
a. SCM and OPS ll ll
b. CRM and SCM ll ll
c. HRM and Financial ll ll
d. SCM, OPS, CRM, and HR (Correct Answer)
ll ll ll ll ll ll
1.16 The value chain is useful for:
ll ll ll ll ll
a. Coordinating accounting system activities. ll ll ll
b. Coordinating activities with suppliers and customers (Correct Answer)
ll ll ll ll ll ll ll
c. Linking business values like a chain.
ll ll ll ll ll
d. Everything we do in a business. ll ll ll ll ll
ll ll ll ll ll ll ll ll ll
Donna Kay Ali Ovlia (Solutions Manual All Chapters, 100% Original
ll ll ll ll ll ll ll ll ll
Verified, A+ Grade) All Chapters Solutions Manual Supplement files
ll ll ll ll ll ll ll ll ll
download link at the end of this file. l ll ll ll ll ll ll ll
Active Review ll
1.1 Refer to the chapter opener, Meet Business Intelligence. In your opinion, how can business intelligence
ll ll ll ll ll ll ll ll ll ll ll ll ll ll
create value using the accounting system?
l ll ll ll ll ll
Students’ opinion may differ. However, their opinion should include: Increase profitability, improve
ll ll ll ll ll ll ll ll ll ll ll
customer relationship, increase sales by targeting the right customer category, and in general improving all
ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll
aspects of business activities.
l ll ll ll
1.2 Refer to the chapter opener, Meet Business Intelligence. Discuss the importance of sales data in
ll ll ll ll ll ll ll ll ll ll ll ll ll ll
creating business intelligence for an organization.
l ll ll ll ll ll
Business intelligence allows organization to continuously monitor their sales transaction. By monitoring
ll ll ll ll ll ll ll ll ll ll ll
sales, enterprise can fine-tune other business processes such as purchasing, production, advertising, and
l ll ll ll ll ll ll ll ll ll ll ll ll
customer service.
ll ll
1.3 Pick your favorite Accounting Insight from Chapter 1. Discuss why it’s your favorite.
ll ll ll ll ll ll ll ll ll ll ll ll
The answer to this question depends on the student selection and his/her reason for selecting it.
ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll
1.4 What are the modules in the baseline accounting system model? Discuss the purposes and transactions
ll ll ll ll ll ll ll ll ll ll ll ll ll ll
associated with each module.
l ll ll ll
1. Vendors. This module encapsulates all data and business processes related to vendors. The transactions
ll ll ll ll ll ll ll ll ll ll ll ll ll
associated with Vendors module are: Create purchase Order, Receive Items, and Enter Bills.
ll ll ll ll ll ll ll ll ll ll ll ll ll
2. Customers. This module encapsulates all data and business processes related to customers. The ll ll ll ll ll ll ll ll ll ll ll l l
processes associated with Customers module are: Create Invoice, and Receive Customer Payments.
ll ll ll ll ll ll ll ll ll ll ll ll
3. Employees. This module encapsulates all data and business processes related to employees. The ll ll ll ll ll ll ll ll ll ll ll ll
processes associated with Vendor module are: Enter Time and Calculate Payroll.
ll ll ll ll ll ll ll ll ll ll ll
4. Banking. This module encapsulates all data and business processes related to organization banking. The
ll ll ll ll ll ll ll ll ll ll ll ll ll
processes associated with Banking module are: Pay Bills, Make Deposit, Pay Employees, and Pay
ll ll ll ll ll ll ll ll ll ll ll ll ll ll
Payroll Liabilities.
ll ll
5. Financials. This module encapsulates all data and business processes related to the organization ll ll ll ll ll ll ll ll ll ll ll ll
financials. The processes associated with Financial module are: Adjusting Entries, Correcting Entries,
ll ll ll ll ll ll ll ll ll ll ll ll
Closing, and ad-hoc financial activities.
ll ll ll ll ll
6. Reports. This module encapsulates all data and business processes related to the accounting reports. The
ll ll ll ll ll ll ll ll ll ll ll ll ll ll
processes associated with Reports module are: Management Reports, Tax Reports, External Financial
ll ll ll ll ll ll ll ll ll ll ll ll
Reports, and Sustainability Reports.
ll ll ll ll
1.5 Discuss how the features of a spreadsheet and a database are similar and how they are different.
ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll
A spreadsheet shows rows and columns of a table and that is same as database table’s records and fields
ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll
features. Actually, a spreadsheet row is a record and a column is a field in a database table
l ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll
1.6 Discuss the potential risks if a company’s accounting system is not well secured.
ll ll ll ll ll ll ll ll ll ll ll ll
Unauthorized access to the accounting data and software could result in valuable information being stolenor
ll ll ll ll ll ll ll ll ll ll ll ll ll ll l
damaged and virus or other malicious software damage accounting systems software.
ll ll ll ll ll ll ll ll ll ll ll
1.7 Discuss the benefits of an integrated enterprise system. ll ll ll ll ll ll ll
,An integrated enterprise system allows data to be shared among various enterprise departments. For
ll ll ll ll ll ll ll ll ll ll ll ll ll
example, an advertising department can use data collected about sales to cluster customers into categories
ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll
and target customers-categories with different adverting methods.
l ll ll ll ll ll ll
1.8 Discuss how value chain activities are related to accounting transaction cycles.
ll ll ll ll ll ll ll ll ll ll
The value chain facilitates coordination of activities with suppliers and customers, including purchasingand
ll ll ll ll ll ll ll ll ll ll ll ll l
sales transactions.
ll ll
1.9 Discuss the significance of information technology to the accounting professional.
ll ll ll ll ll ll ll ll ll
Today, most accounting systems are computerized systems. These accounting systems are installed on the
ll ll ll ll ll ll ll ll ll ll ll ll ll
enterprise computers and used on the enterprise internal networks as well as the Internet. To effectively
l ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll
work with computers and use accounting systems, accountants must know enough about computers and
ll ll ll ll ll ll ll ll ll ll ll ll ll ll
networks to be able to use computerized accounting systems.
ll ll ll ll ll ll ll ll ll
1.10 Discuss problems that enterprises may experience with shadow data. ll ll ll ll ll ll ll ll
Shadow data little or lack of documentation and lack or inadequate security and control are two major
ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll
problems experienced by enterprises.
l ll ll ll
Key Terms Check ll ll
1.11 Match the following terms and definitions. ll ll ll ll ll
d 1. An organizing framework for business
ll ll l l ll ll ll ll ll
processes,beginning with vendors and ending with
ll l ll ll ll ll ll
a. enterprise system ll
customers
ll
b. integrated enterprise system ll ll
h 2. Exchanges or transactions between an enterprise
ll ll l l ll ll ll ll ll ll
c. business processes ll
andits customers
ll l ll
d. value chain ll
e 3. Accounting transactions related to specific
ll ll l l ll ll ll ll ll
e. transaction cycles ll
businessprocesses
ll l
f. purchasing cycle ll
b 4. Shares data across functional areas within
ll ll l l ll ll ll ll ll ll
g. payroll cycle ll
theenterprise
ll l
h. sales cycle ll
g 5. Transactions with employees
ll ll l l ll ll ll
i. baseline accounting system ll ll
c 6. Related activities performed by an enterprise
ll ll l l ll ll ll ll ll ll
tocreate value by transforming input into output
ll l ll ll ll ll ll ll
a 7. A system that supports business activities
ll ll l l ll ll ll ll ll ll
throughoutthe enterprise, including inputs, processing, and
ll l ll ll ll ll ll
outputs
ll
f 8. Transactions related to purchasing items
ll ll l l ll ll ll ll ll
fromvendors
ll l
i 9. A model that provides an enterprise-wide view of the
ll ll l l ll ll ll ll ll ll ll ll ll
firm’s accounting system ll ll
,1.12 Match the following terms and definitions.
ll ll ll ll ll
f 1. A module that relates to output from the accounting
ll ll ll ll ll ll ll ll ll ll ll ll
system.
l
a. vendors module
ll
e 2. A module that includes adjusting and correcting
ll ll l l ll ll ll ll ll ll ll
b. customers module ll
entries.
l
c. employees module ll
a 3. A module related to purchasing goods and services.
ll ll l l ll ll ll ll ll ll ll ll
d. banking module
ll
d 4. A module that involves cash received and cash paid.
ll ll l l ll ll ll ll ll ll ll ll ll
e. financial module ll
c 5. A module related to the payroll cycle.
ll ll l l ll ll ll ll ll ll ll
f. reports module
ll
b 6. A module related to selling the customer a product
ll ll l l ll ll ll ll ll ll ll ll ll
g. adjusting entries ll
or service.
l ll
h. correcting entries
m 7. Reports used to evaluate an enterprise’s
ll
ll ll l l ll ll ll ll ll ll
i. closing entries
ll
sustainability performance. ll
j. financial reportsll
k 8. Reports used when filing federal, state, and local
ll ll l l ll ll ll ll ll ll ll ll
k. tax reports
ll
returns.
l
l. management reports ll
l 9. Reports prepared to assist managers in making
ll ll l l ll ll ll ll ll ll ll
m. sustainability reports ll
decisions.
l
j 10. Reports that include a company’s income
ll ll l l ll ll ll ll ll ll
statement, balance sheet, and statement of cash flows. ll ll ll ll ll ll ll
g 11. Entries to bring accounts up to date at year end.
ll ll l l ll ll ll ll ll ll ll ll ll ll
i 12. Zeros out income and expense accounts at year
ll ll l l ll ll ll ll ll ll ll ll
end.
l
h 13. Entries to correct errors.
ll ll l l ll ll ll ll
, 1.13 Match the following terms and definitions.
ll ll ll ll ll
c
ll ll 1. A unique identifier for each record.
l l ll ll ll ll ll ll
g 2. An online application that permits users to view
ll ll l l ll ll ll ll ll ll ll ll
a. field
data in a multidimensional way.
l ll ll ll ll
b. record
b 3. A collection of related database fields.
ll ll l l ll ll ll ll ll ll
c. primary key ll
f 4.Data analytics and predictive modeling used to gain
ll ll l l ll ll ll ll ll ll ll
d. relational database ll
insights from data to improve the quality of business
l ll ll ll ll ll ll ll ll
e. operational database ll
decisions.
ll
f. business intelligencell
a 5. A piece of information.
ll ll l l ll ll ll ll
g. OLAP cubesll
e 6. A database that stores transactions related to
ll ll l l ll ll ll ll ll ll ll
business operations.
l ll
d 7. A collection of related database tables.
ll ll l l ll ll ll ll ll ll
1.14 Match the following terms and definitions.
ll ll ll ll ll
g 1. A framework for organizing the complex,
ll ll ll ll ll ll ll ll ll
multifaceted undertaking of developing a system.
ll ll ll ll ll ll
a. people
k 2. Includes testing databases and computer programs
ll ll l l ll ll ll ll ll ll
b. processes
for the new system.
l ll ll ll
c. technology
h 3. Includes scheduling, budgeting, and staffing a
ll ll l l ll ll ll ll ll ll
d. information technology (IT) ll ll
project.
l
e. IT architecture
ll
i 4. Includes evaluating new system requirements.
ll ll l l ll ll ll ll ll
f. IT infrastructure
ll
m 5. Using the new system on an ongoing basis and
ll ll l l ll ll ll ll ll ll ll ll ll
g. system development life cycle (SDLC)
ll ll ll ll
maintaining and updating it as necessary.
l ll ll ll ll ll
h. plan
l 6. Setting up new IT hardware, software, and
ll ll l l ll ll ll ll ll ll ll
i. analyze
databases.
l
j. design
j 7. Prepare models for business processes and databases
ll ll l l ll ll ll ll ll ll ll
k. build/buy
for the new system.
l ll ll ll
l. install
b 8. One of the three keys of opportunity that focuses on
ll ll l l ll ll ll ll ll ll ll ll ll ll
m. deploy
how business activities are impacted.
l ll ll ll ll
c 9. One of the three keys of opportunity that focuses on
ll ll l l ll ll ll ll ll ll ll ll ll ll
software, hardware, and networks.
l ll ll ll
a 10. One of the three keys of opportunity that focuses
ll ll ll ll ll ll ll ll ll ll ll ll
on how employees, customers, and vendors are impacted.
ll ll ll ll ll ll ll ll
d 11. Consists of software, hardware, and network
ll ll l l ll ll ll ll ll ll
technology used by an organization.
l ll ll ll ll
f 12. How specific software, hardware and networks are
ll ll l l ll ll ll ll ll ll ll
used to build IT architecture for an enterprise.
l ll ll ll ll ll ll ll
e 13. The design or blueprint for an enterprise’s
ll ll l l ll ll ll ll ll ll ll
information technology. ll
Practice Test ll
1.15 In addition to accounting systems, which of the following are member of enterprise systems?
ll ll ll ll ll ll ll ll ll ll ll ll ll
a. SCM and OPS ll ll
b. CRM and SCM ll ll
c. HRM and Financial ll ll
d. SCM, OPS, CRM, and HR (Correct Answer)
ll ll ll ll ll ll
1.16 The value chain is useful for:
ll ll ll ll ll
a. Coordinating accounting system activities. ll ll ll
b. Coordinating activities with suppliers and customers (Correct Answer)
ll ll ll ll ll ll ll
c. Linking business values like a chain.
ll ll ll ll ll
d. Everything we do in a business. ll ll ll ll ll
