ERP systems are

a. packaged software.
b. methods of examining processes.
c. ways to downsize.
d. ways to expand geographical operations.


A

Business

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Which of the following is least likely to improve communication efforts?

A) Developing a corporate presence on all available social media sites B) Using technology to aid in communication, not replace it C) Being proficient with basic features and functions of technologies D) Disregarding information that is not useful E) Speaking with coworkers face to face whenever practical

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During the first phase of an audit, a CPA most likely would:

A. inquire of the company's attorney as to whether any unrecorded claims are probable or asserted. B. identify specific internal control activities that are likely to prevent fraud. C. evaluate the reasonableness of the company's accounting estimates. D. evaluate the integrity of management.

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Which of the following items has the most price elasticity?

A. Fast food B. Prescription medication C. Branded luxury goods D. Gasoline E. Movie tickets

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Regarding cultural forces and their impact on standardization of global operations, which of the following is not true?

A. General-purpose machines typically require more skilled operators than do specialized machines. B. Factories built in industrialized nations with large markets and high labor costs will typically favor capital-intensive processes. C. Specialized machines typically require highly skilled persons to attend to their operation. D. Factories built in developing countries that lack skilled workers may use specialized machines.

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