The Advantages and Disadvantages of Modular Implementation Are

question 71

Multiple Choice

The advantages and disadvantages of modular implementation are:

• A)Full system integration is available but hardware incompatibilities exist.
• B)It reduces the risks associated with installation and operation of the system, but full system integration is not available.
• C)All employees are exposed to some portion of the ERP system but critical information is still in the legacy system.
• D)Critical information is still available in the legacy system but technical support is not readily available for the legacy system.

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Definitions:

Subordinated Debt

Loans or securities that rank below other loans or securities with regard to claims on assets or earnings, typically entailing higher risk and higher interest rates.

Yield

The income return on an investment, such as the interest or dividends received, expressed usually as a percentage of the investment's cost or current market value.

Restrictive Covenants

Clauses in contracts that impose limitations or conditions on the actions of parties, commonly found in lending agreements to protect the lender.

Indenture

A formal legal agreement, contract, or document, especially one relating to a loan or bond issue.