Which of the Following Statements Is TRUE of an Enterprise

question 40

Multiple Choice

Which of the following statements is TRUE of an enterprise resource planning (ERP) database?

• A) An ERP solution contains the company's operational data.
• B) A stored procedure is a computer program code stored within an ERP database that runs to keep the database consistent when certain conditions arise.
• C) An ERP solution includes initial configuration data.
• D) A trigger is a computer program code stored in an ERP database that is used to enforce business rules.

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Definitions:

Present Value

The today's value of money expected or a sequence of monetary flows in the future, determined by a particular rate of return.

Compound Interest

Interest calculated on the initial principal of a deposit or loan, which also includes all of the accumulated interest from previous periods on a deposit or loan.

Net Present Value

A financial metric that calculates the present value of all future cash flows produced by an investment, minus the initial investment cost, to evaluate its profitability.

Earnings Rate

The rate of return on an investment or project, often expressed as a percentage of the investment's cost.