Which Is Not One of the Reasons Why Companies Might

question 63

Multiple Choice

Which is not one of the reasons why companies might need to migrate from legacy systems to enterprise systems?

• A) Legacy systems have high maintenance costs.
• B) Monolithic legacy architectures are inflexible.
• C) Legacy systems are hardwired by predefined process flows making integration with Internet-based apps difficult or impossible.
• D) Enterprise systems require retraining of end users whose productivity will slow initially as they adjust to a new way of doing their jobs.

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Definitions:

LIFO

Last In, First Out, an inventory accounting method where the most recently produced items are recorded as sold first.

FIFO

"First In, First Out," an inventory valuation method where goods purchased or produced first are sold or used first.

Exchange Gain

A profit resulting from foreign currency transactions, due to favorable changes in exchange rates.

Exchange Rate

The rate at which one currency can be exchanged for another, often determined by financial markets or government policy.