_____ Integrate the Planning, Management, and Use of All of an Organization's

question 42

Multiple Choice

_____ integrate the planning, management, and use of all of an organization's resources, and are designed to tightly integrate the functional areas of the organization.

• A) Transaction processing systems
• B) Supply chain management systems
• C) Functional area information systems
• D) Enterprise resource planning systems
• E) Corporate extranets

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Definitions:

Interest Rate

The percentage charged on a loan or earned on an investment, indicating the cost of borrowing or the gain on investing.

Processing Delays

Delays in the processing of transactions, documents, or information, often due to inefficiencies or technical issues within a system or workflow.

Lockbox System

A service provided by banks to companies for the receipt of payment from customers, utilizing a special post office box to speed up the collection of checks.

Collection Time

The average period it takes for a business to receive payments owed by its customers for goods or services sold on credit.