) Technological advances in the past 15 to 20 years make it very difficult to integrate the accounting system with other systems.
Answer: FALSE
Diff: 1
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
2) Silo systems were usually built on platforms (hardware and operating systems) that best fit an individual department needs.
Answer: TRUE
Diff: 1
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
3) The Internet permits remote sites to use a central database less efficiently.
Answer: FALSE
Diff: 1
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
4) Each time data is rekeyed, it presents another opportunity for errors to enter the system.
Answer: TRUE
Diff: 1
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
5) A computer system that does not connect or communicate with any other computer system is called a ________.
Answer: stand-alone system or silo system
Diff: 2
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
6) ________ connect stand-along personal computers.
Answer: local area networks (LANs)
Diff: 2
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
7) Custom programs that connected separate systems is sometimes called ________.
Answer: spaghetti code
Diff: 2
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
8) Integrated enterprise systems provide an opportunity to use the shared data to create ________ and ________ to monitor enterprise performance.
Answer: business intelligence, digital financial dashboards
Diff: 2
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
9) The first computer systems were
- A) Connected with other systems using spaghetti code
- B) Stand-alone silo systems
- C) Connected to other systems using local area networks
- D) Connected to other systems wirelessly
Answer: B
Diff: 2
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
10) For optimal effectiveness, the accounting system needs to be
- A) Running in a stand-alone environment
- B) Integrated throughout the enterprise
- C) Inaccessible to accountants
- D) Unsecured so that anyone can access the data
Answer: B
Diff: 2
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
11) In the 1960s and 1970s, stand-alone systems within a company were often connected using
- A) Spaghetti code
- B) Local area networks
- C) Wireless networks
- D) Flash drive networks
Answer: A
Diff: 2
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
12) In the early 1980s, data was shared between personal computers using
- A) Flash drives
- B) Local area networks
- C) Floppy disks
- D) Wireless networks
Answer: C
Diff: 2
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
13) An automated work flow automates
- A) Information flow among enterprise segments and other enterprises at remote sites
- B) The flow of documents among employees
- C) The flow of information among software modules and functional areas
- D) The flow of data to databases
Answer: B
Diff: 2
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
14) Automated business processes automate
- A) Information flow among enterprise segments and other enterprises at remote sites
- B) The flow of documents amount employees
- C) The flow of information among software modules and functional areas
- D) The flow of data to databases
Answer: A
Diff: 2
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
15) The integrated enterprise system offers a business process management system by combining all the following EXCEPT
- A) Change management
- B) Automated workflow
- C) Internet technologies
- D) Automated business processes
Answer: A
Diff: 2
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
16) Why does an accounting system need to be integrated throughout an enterprise?
Answer: The accounting system interacts with all aspects of an organization, capturing and providing information to virtually all areas within an enterprise. Sales, purchasing, human resources, shipping, receiving, operations, production, customer service, and others rely upon the accounting system to capture and retrieve data needed to meet their needs.
Diff: 2
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
17) What are the tiers in a silo computer system?
Answer:
– Database tier
– Application tier
– User tier
Diff: 1
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
18) What is a stand-alone, or silo, computer system?
Answer: A stand-alone, or silo, computer system is any computer system that does not connect with another computer system within the organization. Data in a stand-alone system is not shared with other computer systems within the organization.
Diff: 3
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
19) Trace the path from stand-alone systems to integrated enterprise systems.
Answer:
– Stand-alone mainframe systems
– spaghetti code to connect stand-alone mainframe systems
– Stand-alone personal computers
– Floppy disk to share data between stand-alone personal computers
– Local area networks to connect stand-alone personal computers
– Client server architecture to improve LANs
– Integrated enterprise systems
Diff: 3
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
20) What is a client server?
Answer: A computer that serves other computers on a network. A client server generally has more processing power and disk storage space.
Diff: 1
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
21) What is a local area network (LAN)?
Answer: A local area network (LAN) connects a group of stand-alone computers within an organization. This permits the sharing of electronically between computers. This was the birth of computer networks.
Diff: 2
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
22) What is a client server architecture?
Answer: Client server architecture is basically the addition of servers (computers that serve other computers on the network with more processing power and disk storage space) to a LAN. These servers improved the sharing of applications and data throughout the organization. The client in these systems is usually the computers setting on individual workers’ desks. The servers store and retrieve data that is requested by the client.
Diff: 2
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
23) Why did many companies install new integrated enterprise systems at the turn of the millennium?
Answer: When database storage space was relatively costly, programmers would save storage space by saving only the required characters. In the case of the year, only the last two characters were usually stored. This solution worked well for years 1953, 1976, and 1981. However, with the advent of the new millennium, if only the last two digits were stored, the system would not know if 53 referred to 1953 or 2053. In this case, software application programs would not run properly, integrated processors in production equipment might not function, and database queries would not retrieve needed data. The new systems solved this issue.
Diff: 1
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
24) Provide an example of how the integrated enterprise system technology permits data to flow through functional areas as it passes through the value chain.
Answer: Data entered for supply chain management (SCM) can be reused by the accounting system in the purchasing cycle. Time worked by shop floor employees, tracked by the operations/production system (OPS), is used in the accounting payroll cycle. Customer transaction information can be shared by customer relationship management (CRM) and the accounting system sales cycle.
Diff: 3
Objective: Q6.1 What is an integrated enterprise system and how did we get here?
Objective 2
1) A well-designed integrated enterprise system offers live information that facilitates business agility.
Answer: TRUE
Diff: 1
Objective: Q6.2 What are the benefits and challenges of an integrated enterprise system?
2) Overestimating implementation costs is a leading cause of project failures.
Answer: FALSE
Diff: 1
Objective: Q6.2 What are the benefits and challenges of an integrated enterprise system?
3) Integrated systems can improve all the following EXCEPT
- A) Communication
- B) Coordination of activities
- C) Reduction of duplication
- D) Shifting to functional silos
Answer: D
Diff: 2
Objective: Q6.2 What are the benefits and challenges of an integrated enterprise system?
4) One of the benefits of an integrated enterprise system is
- A) Having to change how business operations are conducted
- B) The need to customize the integrated enterprise system to meet specific organizational needs
- C) The integration of best practices which facilitate compliance with regulatory and accounting requirements
- D) Managing the change that individuals within the organization experience as a result of the newly integrated system
Answer: C
Diff: 2
Objective: Q6.2 What are the benefits and challenges of an integrated enterprise system?
5) Business Process Management involves
- A) Customizing the accounting system to meet current business practices
- B) Writing code to connect multiple heterogeneous systems
- C) Managing the change that individuals within the organization experience as the result of moving to an new system
- D) Changing how business operations are conducted
Answer: D
Diff: 2
Objective: Q6.2 What are the benefits and challenges of an integrated enterprise system?
6) What are the benefits of an integrated enterprise system?
Answer:
– Integrated systems can improve communication, coordinate activities, and reduce
duplication.
– Integrated system providers, such as SAP and Oracle, incorporate best practices into their products. Best practices can facilitate compliance with regulatory and accounting requirements of the Securities and Exchange Commission (SEC), the Public Company Accounting Oversight Board (PCAOB), and the Sarbanes-Oxley Act.
– Integrated systems may grant suppliers and customers access to track shipments and orders within the system. Sharing information with supply-chain partners can improve efficiency and coordination, thereby reducing costs.
Diff: 2
Objective: Q6.2 What are the benefits and challenges of an integrated enterprise system?
7) What are the challenges of an integrated enterprise system?
Answer: Two challenges some enterprises have faced when implementing integrated enterprise systems are shifting from functional silos to integrated system business processes and managing the change required by such a shift.
Yet another challenge to implementing an integrated enterprise system is whether to link current heterogeneous systems or to start anew.
One of the challenges of implementing an integrated enterprise system is staying on time and on budget.
Diff: 2
Objective: Q6.2 What are the benefits and challenges of an integrated enterprise system?
Objective 3
1) In a three-tier architecture, the database tier and application tier are considered the front-end.
Answer: FALSE
Diff: 2
Objective: Q6.3 What IT architecture does an integrated enterprise system use?
2) The firewall program is like a communication policeman monitoring traffic to and from the servers, preventing unauthorized access.
Answer: TRUE
Diff: 2
Objective: Q6.3 What IT architecture does an integrated enterprise system use?
3) Typically, firewalls are not constructed between each tier of the three-tier architecture.
Answer: FALSE
Diff: 2
Objective: Q6.3 What IT architecture does an integrated enterprise system use?
4) In three-tier architecture, the database tier and application tier are considered the ________.
Answer: back-end
Diff: 2
Objective: Q6.3 What IT architecture does an integrated enterprise system use?
5) In a three-tier architecture, the user tier is called the ________.
Answer: front-end
Diff: 2
Objective: Q6.3 What IT architecture does an integrated enterprise system use?
6) The ________ executes commands to add, update, retrieve, and delete data from the database.
Answer: Relational Database Management System (RDBMS)
Diff: 2
Objective: Q6.3 What IT architecture does an integrated enterprise system use?
7) The user interface may be text-based or a ________.
Answer: graphical user interface (GUI)
Diff: 1
Objective: Q6.3 What IT architecture does an integrated enterprise system use?
8) A ________ is a program on the router, an electronic device that routes data being transferred on the network.
Answer: firewall
Diff: 1
Objective: Q6.3 What IT architecture does an integrated enterprise system use?
9) Which tier below is NOT considered part of the integrated enterprise system architecture?
- A) Firewall tier
- B) User tier
- C) Database tier
- D) Application tier
Answer: A
Diff: 1
Objective: Q6.3 What IT architecture does an integrated enterprise system use?
10) The most important function of a firewall is
- A) Connect the three tiers within the integrated enterprise system
- B) Prevent unauthorized access to data
- C) Monitor network traffic to and from the server
- D) Allow the data to flow free throughout the system
Answer: B
Diff: 3
Objective: Q6.3 What IT architecture does an integrated enterprise system use?
11) A firewall does all the following EXCEPT
- A) Monitor network traffic to and from the server
- B) Route data being transferred through the network
- C) Prevent unauthorized access to data
- D) Allow the data to flow freely through the system
Answer: D
Diff: 2
Objective: Q6.3 What IT architecture does an integrated enterprise system use?
12) What does the user tier consist of?
- A) Centralized database
- B) Front-end client computers
- C) Applications, such as Oracle Financial
- D) Firewall program
Answer: B
Diff: 2
Objective: Q6.3 What IT architecture does an integrated enterprise system use?
13) Which component in an integrated enterprise system is responsible for preventing unauthorized access?
- A) Graphical User Interface (GUI)
- B) RDBMS
- C) Firewall
- D) Client computer
Answer: C
Diff: 2
Objective: Q6.3 What IT architecture does an integrated enterprise system use?
14) Describe the IT architecture of an integrated enterprise system.
Answer: The IT architecture of an integrated enterprise system is a three-tier architecture: database tier, application tier, and user tier.
The database tier is comprised of a large centralized relational database. As you know, the relational database uses software called relational database management system (RDBMS). The RDBMS executes commands to add, update, retrieve, and delete data from the database. The database and RDBMS are stored on database servers or specialized computers designed to maintain the database. Large-scale database applications, such as Oracle 11g database or IBM DB2, are examples of the types of databases used with large-scale integrated enterprise systems.
The application tier consists of application servers, specialized computers that store and run the applications, such as Oracle Financials or SAP. Applications are the software programs that interact with the RDBMS. The application tier contains the modules for accounting, operations, sales, supply chain, and human resources. For example, in an accounting software application, the accountant might enter adjusting entries to bring accounts up to date at year end. The accounting application software would interact with the RDBMS to update the appropriate account balances.
The user tier consists of front-end client computers. This would include the user interface that appears on the accountant’s computer screen. The user interface may be text-based or a graphical user interface (GUI). Accounting applications may use database forms that resemble the hard-copy paper forms in order to streamline data entry.
Diff: 2
Objective: Q6.3 What IT architecture does an integrated enterprise system use?
15) Why are firewalls placed between each tier of the integrated enterprise system?
Answer: Firewalls are placed between each tier to mitigate risk of unauthorized access and possible data theft or destruction, security and control measures are used to safeguard the information assets stored in the integrated enterprise system. Each tier of the three-tier architecture has unique security and control requirements.
Diff: 2
Objective: Q6.3 What IT architecture does an integrated enterprise system use?
16) What is a firewall?
Answer: A firewall is a program on the router, an electronic device that routes data being transferred on the network. The firewall program is like a communication policeman monitoring traffic to and from the servers, preventing unauthorized access.
Diff: 2
Objective: Q6.3 What IT architecture does an integrated enterprise system use?
Objective 4
1) Integrated enterprise systems, such as SAP, are able to integrate with customer systems to share data with customers.
Answer: TRUE
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
2) SAP software is used around the globe by large companies to integrate supply chain, operations, sales, human resources, and accounting functions.
Answer: TRUE
Diff: 1
Objective: Q6.4 What do I need to know about SAP?
3) SAP uses a navigation pane with tabs that correspond to the modules in the baseline accounting system.
Answer: TRUE
Diff: 1
Objective: Q6.4 What do I need to know about SAP?
4) The SAP A/R Invoice is used to bill items received from a vendor.
Answer: FALSE
Diff: 1
Objective: Q6.4 What do I need to know about SAP?
5) When a system allows the copying information from an existing document, such as a purchase order, it saves time and reduces the opportunity for error.
Answer: TRUE
Diff: 1
Objective: Q6.4 What do I need to know about SAP?
6) When items are received from a vendor, SAP Business All-in-One requires someone to manually compare the PO, the goods received, and the bill entered (A/P Invoice).
Answer: FALSE
Diff: 1
Objective: Q6.4 What do I need to know about SAP?
7) With SAP, it is not necessary to enter adjusting journal entries into the system. SAP calculates the values automatically at year end.
Answer: FALSE
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
8) Some integrated enterprise system providers may also have additional modules to use in budgeting and cost accounting functions.
Answer: TRUE
Diff: 1
Objective: Q6.4 What do I need to know about SAP?
9) The integrated database management system offers the enterprise additional reporting capabilities that could not be offered before the era of integrated systems.
Answer: TRUE
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
10) Access to the SAP system is determined by the ________ assigned to a specific employee.
Answer: role
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
11) ________ is designed for midsize businesses wanting an integrated enterprise system.
Answer: SAP Business All-in-One
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
12) ________ is designed for small and midsize businesses seeking an integrated solution that goes beyond accounting-only software.
Answer: SAP Business One
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
13) SAP Business All-in-One for midsize companies uses a ________ with traffic light alerts to track the order status from order placement, picking, and delivery.
Answer: customer cockpit
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
14) The SAP purchasing module corresponds to the ________ module in the baseline accounting model.
Answer: Vendor
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
15) To record items received, SAP uses a form called a ________.
Answer: Goods Receipt PO
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
16) Table names in MS SQL Server start with the prefix [dbo] which stands for ________.
Answer: database object
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
17) ________ includes business intelligence software to provide additional analysis for improved decision making.
Answer: SAP Business All-in-One
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
18) Integrated enterprise system are capable of doing all of the following EXCEPT
- A) Integrate with vendor systems to share data with vendors
- B) Integrate enterprise modules to share data among the modules
- C) Integrate with competitor systems to gain a competitive advantage
- D) Integrate with customer systems to share data with customers
Answer: C
Diff: 1
Objective: Q6.4 What do I need to know about SAP?
19) The SAP Business One is designed for small and mid-size businesses wanting which of the following?
- A) Just an integrated enterprise system
- B) A solution that goes beyond accounting-only software
- C) A customized integrated enterprise system
- D) None of the above
Answer: B
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
20) The sales cycle starts with the customer and ends with
- A) The receipt of goods
- B) The delivery of goods
- C) The payment of cash
- D) The collection of cash
Answer: D
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
21) In SAP customer payment is recorded on a deposit form which is accessed in the
- A) Business Partners tab
- B) Administration tab
- C) Sales tab
- D) Banking tab
Answer: D
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
22) In SAP Business All-in-One, the customer cockpit uses traffic light alerts to track the order status from
- A) Order placement, picking, and delivery
- B) Order placement, delivery, and payment
- C) Order fulfillment, delivery, and payment
- D) Order fulfillment, picking, and payment
Answer: A
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
23) What does SAP call the sales cycle?
- A) Order-to-pay
- B) Procure-to-pay
- C) Order-to-cash
- D) Goods-to-cash
Answer: C
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
24) Which form below is NOT one of the forms used in the SAP purchasing module?
- A) A/P Invoice
- B) Purchase Order
- C) A/P PO
- D) Goods Receipt PO
Answer: C
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
25) The Goods Receipt PO form corresponds to the ________ event in the baseline module.
- A) Enter bills
- B) Receive items
- C) Create purchase order
- D) Count inventory
Answer: B
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
26) When SAP Business All-In-One performs a three-way match in the purchasing module, what is NOT used?
- A) The goods received
- B) PO
- C) A/P Invoice
- D) A/R Invoice
Answer: D
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
27) SAP provides two formats for employees to enter time. They are
- A) Weekly and monthly
- B) Daily and monthly
- C) Daily and weekly
- D) Hourly and daily
Answer: C
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
28) In integrated enterprise systems the financial module is sometimes called the
- A) Banking module
- B) Finance module
- C) General ledger module
- D) Journal module
Answer: C
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
29) SAP provides the ability to create reports using all of the following EXCEPT
- A) Query wizard
- B) Predefined reports
- C) MS Excel
- D) Manual calculations
Answer: D
Diff: 1
Objective: Q6.4 What do I need to know about SAP?
30) Why do you need to learn about SAP or SAP Business One?
Answer: An introduction to SAP Business One provides a competitive advantage. It is simpler to learn than large-scale SAP and provides you with transitional skills to quickly transition to larger-scale applications.
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
31) What SAP products are available for small and mid-sized companies?
Answer:
– SAP Business All-in-One designed for midsize businesses wanting an integrated enterprise system
– SAP Business One designed for small and midsize businesses seeking an integrated solution that goes beyond accounting-only software
Both of these SAP products integrate accounting with other business processes. These SAP solutions for small and midsize companies use the same integrated enterprise approach that SAP for larger-scale enterprises uses.
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
32) Using the SAP purchasing module, explain how a workflow can be integrated into a system.
Answer: A workflow can be integrated into a system by so that electronic purchase orders are automatically forwarded to appropriate parties for their approval. When the next person in the workflow approval process logs onto his or her computer, the pending purchase order awaiting his or her approval will appear in a queue. The person approves or disapproves the purchase order and then it is electronically forwarded to the next person in the approval process.
The integrated system increases efficiency by automatically forwarding the purchase order to the next person. After the final approval is received, the purchase order may be electronically forwarded to the appropriate vendor, again speeding up the process.
Diff: 3
Objective: Q6.4 What do I need to know about SAP?
33) How do employees add their time worked to the database using SAP?
Answer: Employees can use a daily or weekly format for entering their working time. After time is entered, the employee reviews and confirms the hours worked. The employee clicks the Synchronize button on the left side of the third screen and then enters his or her password to synchronize the time entered with the back-end enterprise database.
Diff: 2
Objective: Q6.4 What do I need to know about SAP?
Objective 5
1) Cloud computing uses remote computing facilities owned by third parties to run software applications and store files.
Answer: TRUE
Diff: 2
Objective: Q6.5 How do I integrate my enterprise system with the Cloud?
2) The cloud is typically accessed over an intranet.
Answer: FALSE
Diff: 2
Objective: Q6.5 How do I integrate my enterprise system with the Cloud?
3) With IaaS, an enterprise rents programming languages, operating systems, networks, and storage needed for deploying or developing applications.
Answer: FALSE
Diff: 2
Objective: Q6.5 How do I integrate my enterprise system with the Cloud?
4) With SaaS, an enterprise rents the data storage, hardware, servers, and networks needed to support their operations.
Answer: FALSE
Diff: 2
Objective: Q6.5 How do I integrate my enterprise system with the Cloud?
5) When you enter data into a cloud-based system, the data is not stored in a database.
Answer: FALSE
Diff: 1
Objective: Q6.5 How do I integrate my enterprise system with the Cloud?
6) Cloud server farms are frequently located ________.
Answer: underground
Diff: 2
Objective: Q6.5 How do I integrate my enterprise system with the Cloud?
7) The ________ cloud service level lets an enterprise out source IT equipment as needed to support operations, including data storage, hardware, servers, and networks.
Answer: IaaS (Infrastructure-as-a-Service)
Diff: 2
Objective: Q6.5 How do I integrate my enterprise system with the Cloud?
8) The ________ cloud service level lets an enterprise out source the platform (programing languages, operating systems, networks, servers, and storage) needed to deploy or develop applications (software).
Answer: PaaS (Platform-as-a-Service)
Diff: 2
Objective: Q6.5 How do I integrate my enterprise system with the Cloud?
9) The ________ cloud service level lets an enterprise out source software applications.
Answer: SaaS (Software-as-a-Service)
Diff: 2
Objective: Q6.5 How do I integrate my enterprise system with the Cloud?
10) Which cloud service level lets an enterprise rent data storage, hardware, servers, and networks while the provider houses, runs, and maintains them?
- A) PaaS (Platform-as-a-Service)
- B) SaaS (Software-as-a-Service)
- C) IaaS (Infrastructure-as-a-Service)
- D) CaaS (Cloud-as-a-Service)
Answer: C
Diff: 2
Objective: Q6.5 How do I integrate my enterprise system with the Cloud?
11) Which cloud service level lets an enterprise rent programming languages, operating systems, networks, servers, and storage needed to deploy or develop applications?
- A) PaaS (Platform-as-a-Service)
- B) SaaS (Software-as-a-Service)
- C) IaaS (Infrastructure-as-a-Service)
- D) CaaS (Cloud-as-a-Service)
Answer: A
Diff: 2
Objective: Q6.5 How do I integrate my enterprise system with the Cloud?
12) Which cloud service level lets an enterprise rent software applications?
- A) PaaS (Platform-as-a-Service)
- B) SaaS (Software-as-a-Service)
- C) IaaS (Infrastructure-as-a-Service)
- D) CaaS (Cloud-as-a-Service)
Answer: B
Diff: 1
Objective: Q6.5 How do I integrate my enterprise system with the Cloud?
13) Which of the following is NOT a cloud service level?
- A) PaaS (Platform-as-a-Service)
- B) SaaS (Software-as-a-Service)
- C) IaaS (Infrastructure-as-a-Service)
- D) CaaS (Cloud-as-a-Service)
Answer: D
Diff: 1
Objective: Q6.5 How do I integrate my enterprise system with the Cloud?
14) Loss of control over when new upgrades and technologies are applied to the cloud can be categorized as which type of challenge to cloud computing?
- A) Security
- B) Data
- C) Investment
- D) Mobility
Answer: C
Diff: 2
Objective: Q6.5 How do I integrate my enterprise system with the Cloud?
15) Define the IaaS (Infrastructure-as-a-Service) level of cloud computing.
Answer: IaaS (Infrastructure-as-a-Service) -This cloud service model lets you out source the IT equipment
needed to support your operations, including data storage, hardware, servers, and networks.
An IaaS provider owns the equipment. You basically rent the computing resources, while the provider houses, runs, and maintains it. Infrastructure as a Service may also be referred to as
Hardware as a Service.
Diff: 2
Objective: Q6.5 How do I integrate my enterprise system with the Cloud?
16) Define the PaaS (Platform-as-a-Service level of cloud computing.
Answer: PaaS (Platform-as-a-Service) -With PaaS, the cloud provider provides the plat form (programming
languages, operating systems, networks, servers, and storage) needed for you to deploy or develop applications (software). For example, if you needed a specialized app for your accounting needs, you could rent the platform needed to develop the app without the expense of buying the networks, operating systems, and programming languages.
Diff: 2
Objective: Q6.5 How do I integrate my enterprise system with the Cloud?
17) Define the SaaS (Software-as-a-Service) level of cloud computing.
Answer: SaaS (Software-as-a-Service) -With SaaS, the cloud provider rents you use of the provider’s
software application, such as accounting software. Instead of running the software on you own
on-site computers, you typically use a Web browser or mobile app to access the cloud application. QuickBooks Online, Net Suite, and SAP ByDesign are examples of SaaS for accounting applications.
Diff: 2
Objective: Q6.5 How do I integrate my enterprise system with the Cloud?
18) What are the investment, security, accessibility, data, and mobility benefits of cloud computing?
Answer: Investment – Avoiding the ongoing investments in upgrades and new technologies.
Security – No longer worrying about on-site security for computing needs that are
outsourced to the cloud, and a cloud provider may be able to specialize in the special security
needs for cloud computing.
Accessibility – The ability to access the cloud whenever you need to so long as you have an
Internet connection.
Data – Data is stored in the cloud and someone else is responsible for storing and backing it up.
Mobility – When you use cloud computing, you can be mobile, accessing the data from
mobile devices such as a laptop, tablet, or smartphone.
Diff: 3
Objective: Q6.5 How do I integrate my enterprise system with the Cloud?
19) What are the investment, security, accessibility, data, and mobility challenges of cloud computing?
Answer: Investment – Loss of control over when upgrades and new technologies are implemented in the cloud.
Security – Loss of control over security and the reliance upon the cloud provider to provide intrusion detection systems, video surveillance, and more.
Accessibility – Ensuring that others cannot also access your information because it is stored in the cloud.
Data – If a cloud provider goes down, how do you access your data and backups?
Mobility – Ensuring that your security is not compromised as a result of being able to access data from mobile devices. When using a Web browser, there are additional security concerns, such as using HTTPS (Hypertext Transfer Protocol Secure) and using encryption so others cannot see data in transmission. Also, the mobile device may be outside a secure firewall, so this security challenge must be addressed as well.
Diff: 3
Objective: Q6.5 How do I integrate my enterprise system with the Cloud?
Accounting Information Systems, 2e (Kay/Ovlia)
Chapter 7 Accounting and Business Intelligence
Objective 1
1) Uninformed consumers drive enterprises to use their information assets in more intelligent ways.
Answer: FALSE
Diff: 1
Objective: Q7.1 How is business intelligence used for decision making in today’s business environment?
2) Intelligence involves the ability to see meaningful interrelationships and glean insights.
Answer: TRUE
Diff: 1
Objective: Q7.1 How is business intelligence used for decision making in today’s business environment?
3) Business intelligence cannot be used to improve decision making and business performance.
Answer: FALSE
Diff: 1
Objective: Q7.1 How is business intelligence used for decision making in today’s business environment?
4) By using various analysis, such as data mining and predictive modeling, data can be transformed into business intelligence.
Answer: TRUE
Diff: 2
Objective: Q7.1 How is business intelligence used for decision making in today’s business environment?
5) Executive information systems provide information for tactical, semi-structured decisions.
Answer: FALSE
Diff: 2
Objective: Q7.1 How is business intelligence used for decision making in today’s business environment?
6) Decision support systems provided support for strategic decisions.
Answer: FALSE
Diff: 2
Objective: Q7.1 How is business intelligence used for decision making in today’s business environment?
7) ________ are IT tools suited for storing data, but have limitations for analyzing data.
Answer: Relational databases
Diff: 1
Objective: Q7.1 How is business intelligence used for decision making in today’s business environment?
8) ________ uses mathematical algorithms to find patterns, trends, and relationships among data, such as customer purchasing patterns.
Answer: Data mining
Diff: 1
Objective: Q7.1 How is business intelligence used for decision making in today’s business environment?
