Which of the Following Statements Is True of ERP Application

question 5

Multiple Choice

Which of the following statements is true of ERP application programs?

• A) During the ERP development process, the development team sets configuration parameters that specify how ERP application programs will operate.
• B) There are virtually no limits to how much configuration can be done in an ERP application program.
• C) Custom programming of ERP application programs is economical both initially and for long-term maintenance.
• D) In order to meet varying customer requirements, development teams must often change the program code of ERP application programs.

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Definitions:

Default

Failure to fulfill a legal obligation, especially failing to make a required payment on a loan or financial agreement.

Time Instrument

A financial document or negotiable instrument that promises payment of a certain sum of money at a future date, as opposed to on demand.

Payment

A financial transaction where money is transferred in exchange for goods or services.

Future Date

A specified day in the future on which an event is planned or expected to occur.