Which of the Following Statements Is True About the Impact

question 72

Multiple Choice

Which of the following statements is true about the impact of SAP on organizations?

• A) Organizations become less process-focused after implementing SAP.
• B) Organizations tend to avoid outsourcing after implementing SAP.
• C) Inter-departmental data sharing reduces after implementing SAP.
• D) People require new sets of skills after implementing SAP.

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Definitions:

Horizontal Analysis

A financial analysis technique that compares historical financial information over a series of reporting periods, to observe trends and changes over time.

Financial Statement Data

Information found in financial statements that provides insights into a company's financial condition, including balance sheet, income statement, and cash flow statement data.

Inventory Turnover Ratio

A performance metric that shows how many times a company's inventory is sold and replaced over a specific period, indicating the efficiency of inventory management.

Solvency

The ability of a company to meet its long-term financial obligations and sustain operations, indicating financial health.