Karten 61 Karten
Lernende 4 Lernende
Sprache English
Stufe Universität
Erstellt / Aktualisiert 09.06.2016 / 30.06.2019
Lizenzierung Kein Urheberrechtsschutz (CC0)
1 Exakte Antworten 55 Text Antworten 5 Multiple Choice Antworten
Fenster schliessen

What issues must an auditor adress with the SAP ERP environment?

General IT Controls may not be enough

Can all accounts be audited substantively

Is the transaction monitoring authentic

Are the inherent risks managable?

Fenster schliessen

Why is auditing SAP ERP different?

SAP ERP has great flexibility and breadth of functionality.
It has a different application / environment split than other ERP. 

Fenster schliessen

Why do you need Compliance?


There is always an information gap and a
conflict of interests between producer and
customers / between management and shareholders

Fenster schliessen

Give a definition for GRC. And explain the 3 main factors.

GRC refers to a company's coordinated strategy for managing the broad issues of corporate governance, enterprise risk management and corporate compliance. 

Governance: Effective as well as ethical management of a company.

Risk:effectively mitigate risks, which hindern the company to be competitive. 

Compliance: External regulations for the business operations and data retention.

Fenster schliessen

What are benefits of using GRC?

Higher quality information
Process optimization
Better capital allocation
Improved effectiveness
Protected reputation
Reduced Cost

Fenster schliessen

What are challenges for audits? (4)

changing and very different regulations
Big data
Increased oversight of processes
Tighter control of manual entries

Fenster schliessen
Lizenzierung: Keine Angabe

Which one is with GRC and which one without?

Left with GRC and right without GRC

Left without GRC and right with GRC

Fenster schliessen

What does GRC stand for?



Risk Management

Fenster schliessen

What are the 4 phases of the life cycle?

Chartering phase, project phase, shakedown pphase, maintenance

Fenster schliessen

What are important criteria for selecting ERP?

Find a good partner. 50/50 relation between solution and partner.

The solution should have the right features, good usability and the newest technology. 

The vendor should be viable, have a good long-term strategy and be reachable for support and implementation.

Fenster schliessen

What does the development of the market look like?

Tendency to cloud and increasing demand of small and medium enterprises. As well as operational efficiency in business processes. 

Fenster schliessen

What are the biggest differences between regions, such as Asia and Europa?

Legal reasons, language, different products and different countries have different values, ERP vendors must know this. 

Fenster schliessen

When do you adapt the proces to the ERP system and when do you adapt the ERP system to the process?

Idea: adapt to non-core functions like HR, Finance etc. and change the ERP according to your process with competitive advantage. 

Fenster schliessen

Which is the most occuring characteristic of ERP solutions?




Hybrid combining on and off-premise solutions.

Fenster schliessen

Which advantage does a small ERP vendor has compared to one of the big three?

Small ERP vendors meet customers’ expectations better. 

Fenster schliessen

What are the differeneces of Online Transaction Processing and Online analytical processing?

OLTP emphasises on fast query processing, maintaining data integrity and is used for business operations, such as cash and card transactions.

OLAP emphasises on low volume of transactions. Queries are very complex and involve aggregation functions. It is used for data mining, decision making and analytics.

Fenster schliessen

What are the main functions of Plant management?

Main functions: Inspection, Preventive maintenance and Repair of all systems and machines.

Fenster schliessen

What is sales & distribution about? What does it support and what are the key elements?

SD: Sales & Distribution help company to integrate with their customers. Receiving sales order via phone, internet or EDI, shipping and billing.

Supports: Sales, Distribution and Billing

Key elements are: Pre-sales support, quotation processing, sales order processing, delivers processing, warehouse management, billing, credit management 

Fenster schliessen

What is material management about? What does it support and what are the key elements?

It plans and controls complete cycle of materials and information through procurement, cataloging, standardization, packaging, quality control, inventory control, disribution etc.

Supports: Procurement and inventory

Key elements are: Material procurement, inventory managment, invoice verification, vendor, evaluation.


Fenster schliessen

Explain the functionality of Production Planning Control.

It tries to realize planning as complet as possinle despite all the problems, which can occur. It also tries to balance between availability capacity and current work load.

Fenster schliessen

What is the module Production Planning about?

PP pre plans the workflow during the creation of a product for a certain time considering certain general conditions and realizing predetermined objectives. 

Fenster schliessen

How are the logistics modules called in SAP?

PP Production Planning
MM: Material Management
SD: Sales & Distributiion
PM: Plant Management
QM: Quality Management

Fenster schliessen

Shortly describe the ERP evolution with 1960, 1970, 1980, 1990, 2000. State what pushed the evolution.

1960 Inventory Management and Control Systems (Maintain level of stock)

1970 Material Requirements Planning (MRP) (Scheduling Production Processes)

1980 Manufacturing Resources Planning (MRP II) (Coordinating manufacturing processes: Product planning, inventory control etc.)

1990 Enterprise Resource Planning (ERP): Internal Holistic Resource Planning (Now includes HR, Finance, Accounting etc.)

2000s Extended ERP: Basic ERP + middleware to include outsiders: SCM, CRM, SRM etc.


The main driver for ERP were innovation push in computer hardware and software, e.g. better processors, more computing power.

Fenster schliessen

What are the strategies of cost leadership and differentiation?

Cost leadership focuses on costs.

Differentiation strategy focuses on market differentiations (technology, price, product, customer service, user experience differentiation). 

Fenster schliessen

Shortly explain Six Sigma.

Six Sigma is a statistical measure of quality, a process for continuous improvement, an enabler of cultural change and a disciplined process focused on delivering near perfect products and services. 

Fenster schliessen

What is the goal of lean?

To minimize the waste of the manufacturing.

Fenster schliessen

Which level of the SCOR model is implemented by the company itself?

The 4th level. 

The other 3 levels are for every company the same.

Fenster schliessen

What is in the first level SCOR model?

Lizenzierung: Keine Angabe
Fenster schliessen

How does a SCOR model work?

it is a process reference model for supply chain management. This reference model enables users to address, improve, and communicate supply chain management practices within and between all interested parties in the extended enterprise.

Fenster schliessen

How many levels does a score model have?