1.Which of the following statements is least likely to be true about a data warehouse?

It may be deployed by organizations that have not implemented an ERP.

It contains data that are normally extracted periodically from the operating databases.

It was an original part of all ERP systems.

It is constructed for quick searching and ad hoc queries.

None of these answers are correct

2. _________________ is a model developed to analyze the direct and indirect costs of owning and using hardware and software.

None of these answers are correct

Internal rate of return

Net present value

Return on investment

Total cost of ownership

3. The Government Compliance function is typically found in the ___________ functional area of operation of a company.

Marketing and Sales

Accounting and Finance

Legal and Regulatory

Human Resources

Supply Chain Management

4. ____________ makes an adjustment to accounting records to reflect the decrease in inventory due to a sale being made.

The Shipping department

The Warehouse department

The Inventory Control department

The Billing department

The General Ledger department

5. In most companies, specific authorization is required for all of the following except:

write off of an uncollectible account receivable

sales on account which exceed the credit limit

none of these answers are correct

sales of goods at the list price

a cash refund for goods returned without a receipt

6. Information is valuable to users for all of the following attributes except:

Relevance

None of these answers are correct

Completeness

Reliability

Convenience