To Channel Information to Multiple Users,many Large and Midsized Companies

question 119

Multiple Choice

To channel information to multiple users,many large and midsized companies rely on a highly integrated _____ system.

• A)enterprise resource planning
• B)enterprise information charting
• C)information networking
• D)stand-alone network

---

Definitions:

Insurance Expense

The cost incurred by a business for insurance coverage, recognized as an expense over the policy period.

Prepaid Insurance

An asset account that represents insurance premiums paid in advance, which are expensed over the period the insurance coverage pertains to.

Accounts Receivable

Funds that customers owe to a company for products or services provided but not yet compensated for.

Accounts Payable

Money owed by a company to its creditors for goods or services that have been received but not yet paid for.