The Extended ERP Component That Helps Optimize the Supply Chain

question 50

Multiple Choice

The extended ERP component that helps optimize the supply chain from acquisition of raw materials to receipt of finished goods by customers is the:

• A) CRM component
• B) SCM component
• C) Business Intelligence component
• D) E-business component

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Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting liabilities, essentially the net worth from a shareholder's perspective.

Accumulated Depreciation Accounts

Balance sheet accounts representing the total depreciation of a company's fixed assets over their useful lives.

Liability Accounts

These accounts track what a company owes to others, such as loans, accounts payable, mortgages, and other debts.

Adjusting Entry

Journal entries made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.