Data Management Systems That Integrate Information Across All the Departments

question 99

Multiple Choice

Data management systems that integrate information across all the departments of an organization are called

• A)enterprise resource planning (ERP)systems.
• B)intermodal data planning (IDP)systems.
• C)electronic data interchange (EDI)systems.
• D)enterprise data planning (EDP)systems.
• E)just-in-time (JIT)inventory systems.

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Definitions:

Accounting Services

Professional services that involve maintaining financial records, tax preparation, and audit assistance.

Software

A collection of data, programs, procedures, and instructions that tell the hardware of a computer what to do.

Accumulated Depreciation

Represents the total depreciation expense charged against an asset over its useful life up to a specific date, reflecting the decrease in value of physical assets.

Adjusting Journal Entry

A record made in the books at the close of an accounting period for the purpose of assigning income and expenses to their rightful period.