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Which of the following statements is correct about enterprise resource planning (ERP) systems? (Select all...

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Accounting

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Which of the following statements is correct about enterprise resource planning (ERP) systems? (Select all statements that are generally truel "ERP system" stands for Enterprise Resource Planning system, and is a single system for all/most data entry and reporting in the comoany. "ERP system" stands for Expense Revemue Stock system, and is primarily used to track income statement and balance shcet items for hinancaal reporting purposes Having an ERP system in place typically increases the cost of implementing activities-based costing. Not ail companies have adopted ERP systems. Having an ERP system in place typically decreases the cost of implementing activities-based costing. Which of the following is a typical type of responsibility center, when thinking about responsibility accounting? (Select all that apply) Profit center City center Managerial accounting center Budget center Cost center Classroom center Revenve center

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