Which of the Following Statements Is True About ERP

question 69

Multiple Choice

Which of the following statements is true about ERP?

• A) ERP is a suite of software applications that integrates existing systems by providing layers of software that connect applications together.
• B) The two major components of ERP systems are manufacturing applications and inventory applications.
• C) Enterprise resource planning (ERP) is also referred to as enterprise application integration (EAI) due to its highly efficient integration properties.
• D) ERP systems are used to forecast sales and to create manufacturing plans and schedules to meet those forecasts.

---

Definitions:

Regional Sales Team

A regional sales team is a group of sales professionals responsible for managing and growing sales within a specific geographic area or region.

Cash Discount

A reduction in the invoice price offered by sellers to buyers as an incentive for early payment.

Stated Period

A specific time frame that has been mentioned or defined.

Pays Bills

The responsibility of managing and settling financial liabilities such as invoices or debts, often referring to the operational costs of running a business.