The Advantage of Using a Suite with Synchronized Modules Is

question 72

Multiple Choice

The advantage of using a suite with synchronized modules is that ________.

• A)the switching costs are far lower for ERP systems with interdependent modules
• B)a common architecture overlays the systems to improve consistency across the modules
• C)the introduction of changes in such systems to meet new business needs takes little time
• D)modules can have very rich functionality and can be implemented individually, reducing risk

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Definitions:

Interest Revenue

Income earned from lending money or depositing funds in interest-bearing accounts.

Present Value Factors

Numerical factors used to calculate the present value of a future amount by considering the time value of money and interest rates.

Operating Lease

A contract that allows for the use of an asset but does not convey rights similar to ownership, typically shorter term and cancellable.