The _____ component of an enterprise resource planning (ERP) system collects and analyzes relevant internal and external data and information needed by other functions

a. unified database c. accounting
b. supply chain d. e-commerce


A

Business

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Which of the following is a true statement regarding The Gramm-Leach-Bliley Act?

a. The act gives financial institutions the right to share personal information for a profit. b. The act expressly requires financial institutions to protect against identity theft. c. The act allows financial institutions to share personal information, as long as it is not for a profit. d. The act protects confidentiality of customer information.

Business

Flagler Company purchased equipment that cost $90,000. The equipment had a useful life of 5 years and a $10,000 salvage value. Flagler uses the double-declining-balance method. Which of the following choices accurately reflects how the recognition of the first year's depreciation would affect the elements of the financial statements? Assets=Liab.+Stk.EquityRev.?Exp.=Net Inc.Stmt of Cash FlowsA.(32,000) NA (32,000)NA 32,000 (32,000)(32,000) OAB.(16,000) NA (16,000)NA 16,000 (16,000)NAC.(36,000) NA (36,000)NA 36,000 (36.000)(36,000) OAD.(36,000) NA (36,000)NA 36,000 (36,000)NA

A. Option A B. Option B C. Option C D. Option D

Business

Bree is a real estate broker licensed only in Minnesota. She concludes a sale in North Dakota on O'Reilly's behalf. Bree's contract with O'Reilly to be paid a certain commission for the sale is

A. enforceable if O'Reilly comprehended the consequences. B. enforceable if O'Reilly knew Bree was not licensed in North Dakota. C. enforceable if the amount of her commission is reasonable. D. unenforceable.

Business

Per se violations are subject to both civil and criminal penalties

Indicate whether the statement is true or false

Business