Which of the Following Is True About Enterprise Resource Planning

question 15

Multiple Choice

Which of the following is true about enterprise resource planning (ERP) ?

• A)ERP is a suite of software applications that integrates existing systems by providing layers of software that connect applications together.
• B)ERP,though unable to incorporate functions of CRM,includes accounting,manufacturing,inventory,and human resources applications.
• C)The layers of ERP software enable existing applications to communicate with each other and to share data.
• D)ERP systems are used to forecast sales and to create manufacturing plans and schedules to meet those forecasts.

Grasp the concepts and calculations related to production capacity, finished goods, and material requirements planning.

Analyze the flow of cash through the preparation of a cash budget.

Understand the financial impact of credit sales and cash collections on budgeting.

Calculate budgeted sales and understand their influence on other budget components.