Which of the Following Is True of an ERP System

question 121

Multiple Choice

Which of the following is true of an ERP system?

• A) It can only be used to store data about a company's resources.
• B) Its usage makes hacking difficult and therefore enhances security.
• C) It facilitates the flow of information among all the business functions within an organization.
• D) Its usage is mandatory for ensuring the protection of customer data.
• E) It does not facilitate the flow of information between a company and its suppliers.

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Definitions:

Sample Size

Refers to the total count of individual data points or observations chosen from a wider population to be analyzed in a statistical study.

Standard Deviation

An indicator of the extent of differences or spread within a group of numbers.

Sample Size

The number of observations or data points collected in a sample from a population, used for making estimations or testing hypotheses.

Finite Population Correction Factor

An adjustment applied in statistical calculations to account for the effect of sampling from a finite population, as opposed to an infinite one.