Which of the Following Is an Advantage of Enterprise Resource

question 5

Multiple Choice

Which of the following is an advantage of enterprise resource planning (ERP) systems?

• A)It is inexpensive to implement.
• B)It provides financial benefits only to small corporations.
• C)It replaces separate software systems,such as sales and payroll.
• D)Its implementation requires smaller commitment of time and people.

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Definitions:

Other Expenses

Costs that do not fit into the standard categories of operating expenses, often incidental or infrequent.

Spending Variance

The difference between the actual amount spent and the budgeted or planned amount for a specific period.

Containers Refurbished

Describes the process of cleaning, repairing, and possibly upgrading containers so they can be reused rather than disposed of.

Fixed and Variable Cost

Fixed costs remain constant regardless of the level of production or business activity, whereas variable costs change in proportion to the business's production volume.