Which of the Following Is an Advantage of an Enterprise

question 108

Multiple Choice

Which of the following is an advantage of an enterprise resource planning (ERP) system?

• A)It is inexpensive to implement.
• B)It does not provide financial benefits to both small and large corporations.
• C)It replaces separate software systems, such as sales and payroll.
• D)Its implementation requires a little commitment of time and people.

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Definitions:

Call Premium

The additional amount over the par value that a borrower must pay to redeem a bond before its scheduled maturity.

Par Value

The face value of a bond or stock, representing the amount to be returned to the holder at maturity; it may not necessarily reflect the market value.

Call Premium

The extra amount over the bond's face value that investors must pay to call away a bond before its maturity date.

Term Structure

The connection between different terms or maturities and interest rates or bond yields.