Which of the Following Statements Is False

question 10

Multiple Choice

Which of the following statements is false?

• A)Functional area information systems were usually developed independently.
• B)Functional area information systems easily communicate with each other.
• C)ERP systems are designed to integrate business processes.
• D)ERP systems use a common database.
• E)ERP systems integrate functional areas within an organization.

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Definitions:

Legal System

The framework of rules, laws, and regulations established to maintain order and protect persons and property.

Market Efficiency

The extent to which market prices fully reflect all available information and adjust to new information swiftly.

Rent Controls

Government-imposed restrictions on the maximum rent charges, intended to keep housing affordable.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price level in a given period.