Which of the Following Is True About ERP Systems

question 59

Multiple Choice

Which of the following is true about ERP systems?

• A) Because ERP systems are software based, they have given way to a more service-based economy.
• B) Because ERP systems track costs more efficiently, the benefit from the cost information outweighs the cost of obtaining the information.
• C) Because ERP systems track costs more efficiently, process costing systems are becoming more prevalent.
• D) Because ERP systems have the ability to trace all production costs to individual units, all product costs can now be classified as either direct materials or direct labor.

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Definitions:

Buffer Children

Children within a family who act as emotional or physical buffers between conflicting parents or family members.

Military Families

Families in which one or more members serve in the armed forces, often facing unique challenges such as frequent relocations or deployment-related stress.

Welcome And Secure

Pertains to the feeling of being accepted and safe in a particular environment or setting, often highlighting the importance of inclusivity and emotional safety.

Foster Care

A temporary arrangement in which a child is placed under the care of a foster family or institution while their biological family is unable to care for them.