All of the Following Statements About Enterprise Resource Planning Systems

question 5

Multiple Choice

All of the following statements about Enterprise Resource Planning systems (ERP) are true except:

• A)ERP systems are designed to record and share information across functional areas such as accounting and marketing.
• B)ERP systems are designed to record and share information across geographical areas such as a sales office in China and headquarters in New York.
• C)ERP system information is updated in weekly in batches.
• D)ERP system information can be organized in different formats to meet the needs of internal and external users.
• E)None of the above.

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Definitions:

Market Price

The immediate price point for acquiring or disposing of assets or services in a commercial space.

Cash Acquisition

The purchase of one company by another using cash as the form of payment rather than stock or other means.

Shares Outstanding

The total number of shares of a company's stock that are currently owned by all its shareholders, including shares held by institutional investors and restricted shares owned by company insiders.