Which of the Following Is True of Implementing New Enterprise

question 64

Multiple Choice

Which of the following is True of implementing new enterprise systems?

• A) It poses no risks.
• B) It is expensive and can be well over the budget.
• C) It does not require updates.
• D) It is simple and adaptable.
• E) It can be done in a short period of time.

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Definitions:

Mechanical Controls

Systems or processes designed to manage or regulate machinery or equipment to ensure efficiency and safety.

Physical Controls

Physical controls are security measures implemented to protect tangible assets, including locks, security cameras, and access control systems.

Internal Control

Procedures and practices implemented by a company to safeguard its assets, ensure accurate financial reports, and ensure compliance with laws and regulations.

Cash Disbursements

The outflow of cash for expenses, investments, and other payments during a given period.