Answer the questions using APA standards.

CHAPTER 1: REVIEW QUESTIONS

• Describe the functional organizational structure. Why do you think this structure is so widely used?
• What is the silo effect? Why does it exist? What problems does it create? How can an organization reduce or eliminate the silo effect?
• What is a business process? Why is adopting a process view of organizations essential to becoming a successful manager?
• Explain the interrelationships among the key processes included in this chapter. Why are these interrelationships important?

CHAPTER 2: REVIEW QUESTIONS

• Discuss the three types of data in an enterprise system and how they are related.
• Explain the relationship among client, company code, and plant in SAP ERP. What are these organizational levels typically used to represent?
• What are material types? Identify the four common material types in SAP ERP, and provide an example of each.
• Explain the document concept in SAP ERP. What are the functions of the four types of documents in SAP ERP?

CHAPTER 3: REVIEW QUESTIONS

• Explain the difference between financial accounting and management accounting.
• Explain the key organizational data in financial accounting and the relationships between them.
• What are charts of accounts and the general ledger? How are they related?
• What are subsidiary ledgers and reconciliation accounts? How are they related?