Integrated information processing systems that tie together managerial accounting,financial reporting,customer databases,supply chain management and other data bases are
A)not technically feasible.
B)required by the Internal Revenue Service regulations.
C)not in accordance with generally accepted accounting principles.
D)now commercially available.

Question

Quizplus · Accepted Answer

Integrated information processing systems that tie together various databases are now commercially available. These systems are commonly referred to as Enterprise Resource Planning (ERP) systems and have become increasingly popular in recent years. While not required by the IRS or accounting principles, they can provide significant benefits to an organization in terms of efficiency, accuracy, and data analysis.

Integrated Information Processing Systems That Tie Together Managerial Accounting,financial Reporting,customer