Fillkart,an Online Shopping Web Site,needs to Share Data for Purchase

question 36

Multiple Choice

Fillkart,an online shopping Web site,needs to share data for purchase orders,invoices,and payments along with information about common suppliers and financial institutions.Which of the following will support these needs of Fillkart?

• A)Customer relationship management.
• B)Product life cycle management.
• C)Interorganizational information system.
• D)Enterprise resource planning.

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Definitions:

Controllable Fixed Costs

Controllable fixed costs are expenses that a company has some degree of control over in the short term, despite them generally being fixed for a certain period.

Planned Objectives

Strategically set goals that an organization aims to achieve within a specific timeframe.

Budgetary Control

A method of managing costs and operations through the preparation of budgets, enabling organizations to monitor and control their financial performance.

Budget Reports

Financial documents that compare actual financial results to the budgeted figures, helping in tracking performance and planning.