Which of the Following Is Not True About Enterprise Systems

question 78

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 mimic their unique 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.

---

Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, representing ownership equity.

Net Income

Represents the total profit of a company after all expenses and taxes have been deducted from total revenue.

Preferred Dividends

Preferred dividends are payments made to preferred shareholders before any dividends are distributed to common shareholders.

Return On Common Stockholders' Equity

A financial ratio that measures the amount of net income returned as a percentage of shareholders equity, indicating the profitability from the shareholders' perspective.