What Is the Name Given to Software Systems That Can

question 78

Multiple Choice

What is the name given to software systems that can integrate all of a company's worldwide functions,departments and data into a single system?

• A) E-commerce
• B) Total quality management (TQM)
• C) Just-in-time inventory management (JIT)
• D) Enterprise resource planning (ERP)

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Definitions:

Payable to Cash

A term indicating that a check or draft is to be paid to the bearer or holder, making it easily transferable.

Negotiated

Refers to the process where parties discuss terms and come to a mutual agreement.

Order Paper

A financial instrument payable to a specific person or entity, thus requiring endorsement for transfer.

Indorsed in Blank

A signature on a financial instrument, such as a check or bill of exchange, without naming a beneficiary, allowing any holder to claim the document's value.