Which of the Following Is Not True About Enterprise Resource

question 80

Multiple Choice

Which of the following is not true about enterprise resource planning (ERP) software:

• A) ERP can be designed to link every part of a company's operations.
• B) ERP cannot be used to share data with customers and suppliers.
• C) ERP can include programs that extend from order taking to manufacturing to accounting.
• D) ERP can speed up business decision making and help reduce costs.
• E) ERP refers to programs that help manage a company's vital operations.

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Definitions:

CCA Half-year Rule

A regulation in Canadian tax law allowing only half of the normal capital cost allowance deduction in the year of acquisition of a depreciable asset.

CRA

Canada Revenue Agency; responsible for administering tax laws for the Government of Canada and for most provinces and territories.

Depreciate

The process of allocating the cost of a tangible asset over its useful life, reflecting its decrease in value over time.

Cash Flow From Assets

The total amount of money being transferred into and out of a business, especially affecting the operational activities involving its assets.