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.

Understand the concept of marginal revenue and its significance for monopolists.

Understand the applications and outcomes of couple therapy versus individual therapy.

Identify the process and effects of electroconvulsive therapy (ECT).

Compare the effectiveness of different therapeutic approaches for depression.

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Definitions:

Net Saver

A net saver is an individual or entity that saves more money than they spend, often contributing to a surplus in personal or national savings.

Ownership

The legal right or state of having control over something, such as property or a business.

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically for the financing of accounts receivable and inventories.