Which of the Following Is Not True About Enterprise Systems

question 67

Multiple Choice

Which of the following is not true about enterprise systems?

• A)Enterprise systems help firms respond rapidly to customer requests for information or products.
• B)Enterprise system data have standardized definitions and formats that are accepted by the entire organization.
• C)Enterprise software is expressly built to allow companies to support their existing business practices.
• D)Enterprise software includes analytical tools to evaluate overall organizational performance.
• E)Enterprise systems provide firm-wide information to help managers make better decisions.

Determine the impact of external factors such as taxes and technology on opportunity costs.

Analyze the role and importance of sunk costs in economic and business decisions.

Understand the implications of fixed costs in the short and long term.

Distinguish between explicit and implicit costs in cost analysis.

---

Definitions:

Percent Ownership

The percentage of an entity or asset owned by an investor or company, often determining the level of control or influence.

Excess Acquisition-Date Fair Value

Refers to the amount by which the fair value of the acquired net assets exceeds the purchase consideration in a business combination.

Indirect Method

A method used in cash flow statement preparation that adjusts net income for non-cash transactions.

Book Value

The value of an asset according to its balance sheet account balance, typically calculated as the asset's cost minus any accumulated depreciation.