Which of the Following Statements About ERP Is False

question 41

Multiple Choice

Which of the following statements about ERP is false?

• A)ERP's origins can be traced back to finance and manufacturing
• B)ERP implementation costs can easily reach the tens of millions of dollars
• C)In recent years,ERP vendors have begun to provide high-quality application-specific logistics capabilities
• D)ERP glitches often have a logistical component to them

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Definitions:

Check

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer.

Draft Payable

A document instructing the payment of a specified amount of money, typically used in international trade.

Negotiability

The quality of a document (such as a check or note) signifying it can be transferred to another holder, who then has the legal right to enforce it.

Revised Article 1

Refers to the updated first Article of the Uniform Commercial Code (UCC), which standardizes laws in the sales and leasing of goods across the United States.