Which of the Following Is a Function of EAI

question 68

Multiple Choice

Which of the following is a function of EAI?

• A)It manages all the interactions with customers,from lead generation to customer service.
• B)It is used to forecast sales and to create manufacturing plans to meet those forecasts.
• C)It enables a gradual move to ERP.
• D)It creates information silos by departmentalising applications.

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Definitions:

Principle of Consistency

An accounting principle that necessitates the use of the same accounting methods and practices from one period to the next for comparability.

Inventory Valuation Method

A system or approach used to calculate the ending inventory's cost and determine the cost of goods sold, affecting the company's profitability and inventory balance.

Fiscal Period

A specific time period for which a business reports financial performance and position, typically a year or quarter.

Periodic Inventory System

An inventory accounting system where updates to inventory levels are made at specific intervals, not after each transaction.