One Way ERP Vendors Help to Make the Configuration Process

question 12

Multiple Choice

One way ERP vendors help to make the configuration process easier for their customers is to

• A)encourage their customers to use decentralized databases.
• B)train their customers to use an existing system and build interfaces between it and their ERP system.
• C)develop built-in configuration tools to address most of their customers' needs for system changes.
• D)All of the above.

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Definitions:

Accumulated Other Comprehensive Income

Represents the total of all unrealized gains and losses that are not included in net income but affect shareholders' equity.

Economic Situation

The state of the economy at a given time, influenced by factors such as GDP, unemployment rates, and inflation.

Profitability

A measure of the efficiency and financial performance of a business, indicating its ability to generate income relative to revenue, assets, or equity.

Significant Influence

The power to participate in the financial and operating policy decisions of an investee but not control those policies.