Enterprise-Wide AISs

question 10

Multiple Choice

Enterprise-wide AISs:

• A)Almost never pay for themselves
• B)Do not include any more features than middle-range accounting software packages
• C)Are seldom used by multinational organizations
• D)Integrate an organization's financial functions with its other functional areas

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Definitions:

Incidental Beneficiary

A third party who may benefit from a contract between two other parties, even though the benefit was not the purpose of the contract.

Civil Code

A systematic collection of laws designed to comprehensively deal with the core areas of private law such as property, family, and contracts.

Uniform Commercial Code

An extensive collection of regulations overseeing every commercial activity within the United States.

Assignor

A person or entity who transfers obligations along with rights to another party in the context of a legal agreement.