What Is the Abbreviation of the Name Given to Software

question 94

Multiple Choice

What is the abbreviation of the name given to software systems that can integrate all departments?

• A) TQM
• B) ERP
• C) Total Integrated Software
• D) JIT

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Definitions:

Short Term

A time period typically lasting less than one year, used to evaluate financial performance, investments, and objectives that are expected to be achieved within a brief timeframe.

Step-Variable Cost

A cost that remains constant for a certain level of activity, but changes in step fashion once a certain threshold is surpassed.

Activity

An event that causes the consumption of overhead resources.

Variable Cost Per Unit

The cost that varies with the level of output, computed on a per-unit basis.