Each of the Following Describes ERP Systems Except

question 40

Multiple Choice

Each of the following describes ERP systems except:

• A) ERP apps interface with business partners through a B2B gateway, but cannot interface with legacy apps.
• B) From a technology perspective, ERP is the software infrastructure that links an enterprise's internal apps and supports its external business processes.
• C) ERP apps are modular, and the modules are integrated with each other to expand capabilities.
• D) Departments can easily stay informed of what's going on in other departments that impact its operations or performance.

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Definitions:

Trading In

The act of giving a used item as part of the payment for a new item, often used in car sales.

Further Processing Costs

Additional costs incurred when processing products beyond their initial production stage to enhance their value.

Selling Price

The amount a seller charges a buyer for a product or service, determined by various factors including cost, demand, and competition.

Variable Overhead Costs

Overhead costs that fluctuate with the level of production activity, such as utilities for the manufacturing plant.