Technology That Can Connect Together ERP Systems and Third Party

question 114

Multiple Choice

Technology that can connect together ERP systems and third party add-on modules is called

• A) supply chain software
• B) enterprise application integration (EAI)
• C) EDP systems
• D) none of the above

Understand the various methods used for predicting or analyzing market trends.

Recognize the importance of customer assessment and how it differs from other marketing methods.

Identify different research methods used in understanding customer behavior and needs.

Differentiate between qualitative and quantitative data in market research.

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Definitions:

Revenues Test

A criterion used to assess whether revenues are being recognized in the correct accounting period under the accrual basis of accounting.

Operating Segment

A component of a business that engages in business activities earning revenues and incurring expenses, whose operating results are regularly reviewed by the organization's chief operating decision maker.

Separate Disclosures

Financial reporting that requires specific financial statements or items to be presented separately to provide clarity and detail.

Total Revenues

The sum of money received from selling goods or services which are the main activities of a business.