What Is a Forward Integration

question 289

Multiple Choice

What is a forward integration?

• A)The integration of a company's existing management information systems.
• B)The integration of data from multiple sources, which provides a unified view of all data.
• C)Sends information entered into a given system automatically to all downstream systems and processes.
• D)Sends information entered into a given system automatically to all upstream systems and processes.

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Definitions:

Contributions

Payments or donations made to an organization, which can be in the form of money, goods, or services.

Prior Service Cost

The expense recognized by a pension plan for benefits earned by employees in periods prior to the implementation of the pension plan.

Projected Benefit Obligation

An actuarial calculation of the total projected benefits owed to employees in a defined benefit plan, factoring in expected future salary increases.

Pension Asset/Liability

Represents the surplus or deficit in a company's pension plan, indicating whether assets are sufficient to cover pension obligations.