All of the following statements about enterprise resource planning (ERP) systems are true except:
A) the modules of an ERP system are integrated through common definitions and a common database.
B) ERP systems are designed to support business processes that involve multiple functional units.
C) the modules of an ERP system are typically designed for companies operating in the U.S. only.
D) ERP systems are typically purchased from a software vendor.
C
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Goodwill may be recorded when:
a. it is identified within a company. b. one company acquires another in a business combination. c. the fair value of a company's assets exceeds their cost. d. a company has exceptional customer relations.
By establishing high and unrealistic financial goals, you will probably
A) improve the likelihood of achieving at least some success. B) become discouraged and lose interest in planning. C) increase the viability of your plan. D) impress your spouse or significant other.