Which of the Following Linkages Between the Various Cycles Are

question 53

Multiple Choice

Which of the following linkages between the various cycles are made easier by an ERP system?

• A)The funds needed to cover the payroll after a proposed pay increase is calculated
• B)A recruitment schedule is drawn up to match the requirements of the production plan
• C)A salesman is paid commission for sales made each week
• D)All of the above

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Definitions:

Systematic

Methodical in procedure or plan; carried out using step-by-step methods leading to predictable outcomes.

Service Life

The estimated period over which a fixed asset is expected to be usable by the entity, impacting its depreciation calculation.

Fair Value

The price at which an asset would be bought or sold in a fair transaction between willing parties.

Resale

Resale refers to the action of selling a product or asset to another party after it has been bought, often used in the context of goods bought for the purpose of selling them at a profit.