When Top Management Is Queried on the Reasons for Implementing

question 22

Multiple Choice

When top management is queried on the reasons for implementing ERP systems,the overriding answer is ____.

• A)cost saving
• B)control
• C)increased profitability
• D)inventory management

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Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing ownership equity spread among individual shareholders.

Working Capital

The difference between a company's current assets and current liabilities, indicating its short-term liquidity.