Which of the Following Statements Is True About ERP

question 7

Multiple Choice

Which of the following statements is true about ERP?

• A)ERP is a suite of software applications that integrates existing systems by providing layers of software that connect applications together.
• B)Enterprise resource planning (ERP)is also referred to as enterprise application integration (EAI)due to its highly efficient integration properties.
• C)ERP systems are used to forecast sales and to create manufacturing plans and schedules to meet those forecasts.
• D)The two major components of ERP systems are manufacturing applications and inventory applications.

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Definitions:

Annual Coupon

The yearly interest payment made by a bond issuer to its bondholders, usually fixed at the time of issuance.

Yield to Maturity

The total expected return on a bond if held until its maturity date, considering all payments from interest and principal, expressed as an annual rate.

Mortgage Bonds

Bonds secured by a mortgage on a property, providing bondholders a claim against the property in case of default.

Debentures

A type of debt instrument that is not secured by physical assets or collateral but backed only by the general creditworthiness and reputation of the issuer.