As a Processing Tool in an Accounting Information System, ERP

question 13

Multiple Choice

As a processing tool in an accounting information system, ERP software is capable of generating outputs in the form of general-purpose financial statements. Which of the following statements is most true?

• A)The financial management module alone contains all the information a company needs to produce its financial statements.
• B)All four common ERP system modules provide information to the general purpose financial statements.
• C)A company needs to create a fifth module called "financial statement creation" if it wants to use an ERP system to create its financial statements.
• D)None of the above statements is true.

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Definitions:

Gender Schema Theory

A cognitive theory that explains how individuals become gendered in society, and how sex-linked characteristics are maintained and transmitted to other members of a culture.

Information-processing Theory

A cognitive approach that uses the metaphor of a computer to describe how the mind processes information, from input through to storage and retrieval.

Information-processing System

A framework or mechanism that manipulates, stores, retrieves, and manages data or information.

Gender Schema

A cognitive framework that organizes information relevant to gender, influencing how individuals perceive and interpret gender-related information.