Enterprise Resource Planning (ERP) Goes Beyond the Capabilities of MRP

question 248

Multiple Choice

Enterprise resource planning (ERP) goes beyond the capabilities of MRP because it:

• A) gives much more precise cost estimates.
• B) finds the critical path and computes its length.
• C) monitors the computerized functions of all the divisions and subsidiaries of the firm in a single software program.
• D) handles research data about more than one product at the same time.

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Definitions:

Flotation Costs

Costs borne by a firm for the release of new stocks, encompassing fees for underwriting, legal advice, and registration.

New Equity

Funds raised by a company through the issuance of common stock to the public or private investors.

Quarterly Dividend

A dividend payment made by a company to its shareholders four times a year, typically every three months.

Flotation Costs

The costs associated with issuing new securities, including underwriting, legal, and registration fees, which are incurred by a company when it issues new stocks or bonds.