1)

Which of the following statements about the ERP systems design process is false?

A phased by site approach is an implementation phase strategy.

In the implementation phase, business processes are re-engineered to fit the software.

In the planning phase, tangible and intangible benefits of the project are identified.

Interactive prototyping is typically done in the detailed design phase.

User training is done in the implementation phase.

2)

All of the following statements are true about the treasury function except:

Treasury functions are being mandated to be strategic advisors to the business.

Fifty percent of treasurers noted that managing foreign exchange volatility was one of their biggest challenges.

Treasury departments are being targeted in social engineering attacks.

Ninety percent of treasury departments remain challenged by visibility into global operations, including cash and financial exposures.

Treasury functions are comfortable using centers of excellence