A Group of Individual Software Applications Designed to Run in Web

question 96

Multiple Choice

A group of individual software applications designed to run in Web browsers and facilitated through a service oriented architecture (SOA) is referred to as a(n)

• A) ERP II.
• B) application architecture.
• C) value chain application suite.
• D) enterprise application suite.

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Definitions:

FIFO Method

An inventory valuation method that assumes the items purchased or produced first are sold first.

Indirect Labor

Labor costs associated with aid or support roles that do not directly contribute to the production of goods or services, such as maintenance and supervision.

Direct Labor

The wages paid to workers who are directly involved in the production of goods or services.

Cost Per Unit

Represents the total cost, including both fixed and variable components, divided by the number of units produced, to understand the cost associated with each unit of product.