An Enterprise Resource Planning (ERP) System can best be described as:
A. a collection of programs that use a variety of unconnected databases.
B. a database that is primarily used by a purchasing department to determine the correct amount of a particular supply item to purchase.
C. a sophisticated means of linking two or more companies to facilitate their planning processes.
D. a single database that collects data and feeds it into applications that support each of the company's business activities, such as purchases, production, distribution, and sales.
Answer: D
You might also like to view...
In a short essay, define randomization and list and discuss the two types of true experimental design
What will be an ideal response?
Discuss how the Internet can facilitate the implementation of different types of research designs
What will be an ideal response?
The allocation of a joint cost
a. is unique to service organizations. b. is not necessary in not-for-profit organizations. c. is not unique to manufacturing entities. d. cannot be accounted for in a process costing environment.
Washington Enterprises had net income for 2016 of $103,000
Washington had 39,000 shares of common stock outstanding at the beginning of the year and 43,000 shares of common stock outstanding at the end of the year. There were 6,000 shares of preferred stock outstanding all year. During 2016, Washington declared and paid preferred dividends of $29,000. What is Washington's earnings per share? (Round the answer to two decimal places.) A) $2.51 B) $2.40 C) $1.80 D) $1.72