371 QUIZ 2 QUESTIONS WITH CORRECT ANSWERS

ERP CORRECT ANSWER enterprise resource planning - revenue cycle - expenditure cycle - production cycle - H/R payroll cycle - general ledger and reporting accounting information systems vs ERP CORRECT ANSWER NetSuite CORRECT ANSWER most deployed cloud ERP used by 10K companies over 100+ countries why do they choose NetSuite? - last ever ERP upgrade - no version lock - eliminates application hairball - deploys in months not years - modern, flexible, and evolving - dramatically lowers IT cost why do colleges teach NetSuite - used for coursework in everything - includes unlimited demo tries - growing software entity CORRECT ANSWER something about which information is stored (customer, products) attributes CORRECT ANSWER for each entity there are certain characteristics of interest that the company wants stored field CORRECT ANSWER a field is an individual characteristic of interest that a company can store information. when information is entered into these fields, they are called data values records CORRECT ANSWER the total of field containing data about entity attributes constitutes a record. these records usually correlate to an entity file CORRECT ANSWER a file is a group of related records database CORRECT ANSWER is a set o