Which ERP Module Is Most Closely Associated with an Organization's

question 42

Multiple Choice

Which ERP module is most closely associated with an organization's payroll process?

• A) Customer relationship management.
• B) Human resource management.
• C) Financial management.
• D) Supply chain management.

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Definitions:

Idle Capacity

The portion of a company's resources or production capability that is not currently being utilized to its full potential.

Activity-based Costing

Activity-based costing allocates overhead costs based on the specific activities that contribute to overhead in producing a product or service.

Processing Batches

Groups of items or units processed together in one operation to improve efficiency, often in manufacturing or data processing contexts.

Activity-based Costing

A costing method that assigns overhead and indirect costs to related products and services based on their usage of activities.