ERP Systems Store Vast Quantities of Information About the Materials

question 16

Multiple Choice

ERP systems store vast quantities of information about the materials, machines and equipment, labor, power, maintenance, and setups needed to manufacture different products. This helps simplify the budgeting process as ERP systems ________.

• A) can quickly calculate the manufacturing and nonmanufacturing costs based on a given sales quantity
• B) automatically identify and record changes in processes involved in producing products
• C) identify which underlying assumptions are likely to change
• D) always use a rolling budget ensuring that a budget is always available for a specified future period

---

Definitions:

Marketing Department

A division within a company that focuses on creating and implementing strategies to promote and sell products or services.

Environmental Forces

External factors like climate, ecological changes, and natural resources that affect an organization's operations and decision-making.

Dr. Pepper Snapple Group

An American soft drink company that manufactures, markets, and distributes non-alcoholic beverages including Dr. Pepper, 7UP, and Snapple.

Country Time Lemonade

A popular brand of lemonade mix made by Kraft Foods, often associated with the iconic imagery of American summer.