Which of the Following Statements Is True About ERP Systems

question 7

Multiple Choice

Which of the following statements is true about ERP systems?

• A) It utilizes a centralized database.
• B) It provides users with access to metadata files that describe the location of an organization's data.
• C) It appears to be an integrated database to the user.
• D) It prohibits information silos from communicating with each other and sharing data.

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Definitions:

Terminal Value

The estimated value of a business or an investment at the end of a specific period, taking into account expected future cash flows.

Cash Flows

Cash flows denote the overall volume of cash and cash-equivalents moving in and out of a company.

Sunk Costs

Expenses that have already been incurred and cannot be recovered, and should not affect future decision-making.

Project Evaluation

Project evaluation involves assessing the viability, cost-effectiveness, and potential return on investment of a project through various analytical techniques.