An Organization Purchases SAP's ERP System

question 28

Multiple Choice

An organization purchases SAP's ERP system.After customizing the system and training employees,the organization shuts down the old system and implements the new one across all business processes.This is an example of ________ installation.

• A) parallel
• B) plunge
• C) pilot
• D) phased

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Definitions:

Trust Receipt

A document issued by a bank to a buyer who has obtained a loan to purchase goods, wherein the buyer agrees to hold the goods in trust for the bank until the loan is repaid.

Short-Term Financing

Funding obtained for a period typically less than a year, used to cover immediate financial needs of a business.

Acquisition Of Inventory

The process a business undertakes to obtain supplies or products that it intends to sell to its customers.