Matching -Enterprise Resource Planning

question 37

Multiple Choice

Matching
-Enterprise Resource Planning

• A)A statement that lists revenue, assets and liabilities for a company during a particular time frame
• B)uses internal and external data to aid in the decision-making process with regards to organizational performance
• C)provides a flow of information to include accounting, manufacturing, customer relationship management, sales and service
• D)used to take corrective measures based on feedback during a process should barriers arise
• E)summary of revenue gained during a specific time period, usually listed by month
• F)incorporate people, technology and information systematically
• G)computer-based information system that helps organizations with their decision-making process
• H)a summary that lists the revenue and liabilities for a company during a particular time frame
• I)measures that identify potential deficiencies before they occur
• J)used to assess results after a process is complete in order to provide information for future planning

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Definitions:

Degrees of Freedom

The number of independent values or quantities that can vary in the analysis of statistical parameters.

Randomized Block Experiment

An experimental design that groups participants into blocks based on certain characteristics before randomly assigning them to treatments, improving the experiment's accuracy by reducing variance.

Ordinal

Pertains to a categorical ranking where the order among values is significant but not the distance between them.

Interval

A range between two numbers or points, often used to specify the precision of an estimate or the coverage of a dataset.