Which of the Following Statements Is True of the Impact

question 50

Multiple Choice

Which of the following statements is true of the impact of ERP on the IT staff of small organisations?

• A)The chief information officer obtains the backing of the entire executive group for ERP implementation.
• B)The IT staff in small organisations is isolated from senior management.
• C)IT specialists in small organisations are dedicated to managing only the ERP system.
• D)IT specialists in small organisations are spread very thin and often are in over their heads during an ERP implementation.

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Definitions:

Machine-Hours

A measure of the hours a machine is operated in the production process, often used as a basis for allocating overhead costs.

Unused Capacity

The portion of a business's potential production that is not being used; it represents the difference between what a company can produce and what it is currently producing.

Income Statement

A financial report that outlines a company's revenues and expenses over a specific period, showing the net profit or loss.

Job-Order Costing

An accounting method that assigns manufacturing costs to an individual product or batch of products, making it possible to track the specific costs associated with producing each.