Which of the Following Statements Is FALSE About ERP Systems

question 51

Multiple Choice

Which of the following statements is FALSE about ERP systems?

• A)They use a centralized database with a common computing platform.
• B)They standardize business processes for coordination of all resources and activities.
• C)They require data to be entered multiple times into the system.
• D)They integrate and automate flow of information across all departments within a company.

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Definitions:

Regression Analysis

A statistical method used to model and analyze the relationship between a dependent variable and one or more independent variables.

Historical Returns

The past performance of an investment, typically calculated as the percentage change in its value over a specific period of time.

Adjusted Beta

A measure that adjusts a stock's historical beta, or volatility in relation to the market, to reflect both the company's current fundamentals and the tendency of a beta to move towards the market average over time.

Covariance

A measure of how two variables change together, which can indicate the degree to which they move in the same or opposite directions.