Which of the Following Statements Is Not True Regarding Enterprise

question 22

Multiple Choice

Which of the following statements is not true regarding enterprise resource planning (ERP) ?

• A) It integrates traditional accounting information systems with other information systems.
• B) It can be customised to provide specific and relevant information to different types of users.
• C) It has evolved in the past few years to address the shortcomings of traditional accounting information systems.
• D) It captures quantitative but not qualitative information.

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Definitions:

Marginal Tax Rate

The rate at which the last dollar of income is taxed, indicating how much of an additional dollar of earnings will be taken as tax.

Taxable Income

The amount of income used to determine how much tax an individual or a company owes to the government, after all deductions and exemptions.

Social Security Tax

A tax that funds the Social Security program, which provides retirement, disability, and survivors' benefits.

Salary

Regular payments usually made monthly or bi-weekly to an employee, often annualized, for performing a job.