Implementation of Supply Chain Applications Based on Which of the Following

question 416

Multiple Choice

Implementation of supply chain applications based on which of the following technologies is most likely to have the lowest fixed costs?

• A) Best of breed packages
• B) One integrated package
• C) Service-oriented architecture
• D) Software-as-a-service

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Definitions:

Useful Life

The estimated time period that an asset is expected to be used before it is fully depreciated or deemed no longer useful.

Depreciation Expense

An accounting method of allocating the cost of a tangible asset over its useful life to reflect its decrease in value over time.

GAAP

Stands for Generally Accepted Accounting Principles, which are a common set of accounting standards and procedures that companies must follow when they compile their financial statements.

Accounting Estimate

Approximations or judgments made by management when preparing financial statements, due to uncertainty in determining the exact amounts.