You Have Been Hired to Implement an Enterprise System That

question 9

Multiple Choice

You have been hired to implement an enterprise system that will automate much of the billing and accounting work for a statewide HVAC services company.Which of the following would you prepare to describe how the new system will affect a firm's structure and operations?

• A)information systems plan
• B)internal integration report
• C)sociotechnical design report
• D)organizational impact analysis
• E)strategic planning document

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Definitions:

Income Statement

A financial statement that shows a company's revenues and expenses, leading to the total profit or loss over a specific period.

Par Stock

The ideal stock level that a business aims to maintain to fulfill customer orders without overstocking.

Stock Split

A reduction in the par or stated value of a common stock and the issuance of a proportionate number of additional shares.

Appropriation of Retained Earnings

The process of allocating retained earnings to specific purposes, such as reserves or dividend distribution.