Define ERP and describe its objectives.
Question:
Define ERP and describe its objectives.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
Enterprise Resource Planning ERP is the software infrastructure that integrates an enterprises internal applications supports its external business processes and links to its external business partners ERP systems are commercial software packages that integrate ...View the full answer
Answered By
Saikumar Ramagiri
Financial accounting:- Journal and ledgers, preparation of trail balance and adjusted trail balance Preparation of income statement, retained earning statement and balance sheet Banks reconciliation statements Financial statement analysis Cash flow statement analysis (both direct and indirect methods) All methods of Depreciations Management Accounting:- Ratios Budgeting control Cash budget and production budget Working capital management Receivable management Costing:- Standard and variance costing Marginal costing and decision making Cost-volume-profit analysis Inventory management (LIFO, FIFO) Preparation and estimation of cost sheet Portfolio management:- Calculation of portfolio standard deviation or risk Calculation of portfolio expected returns CAPM, Beta Financial management:- Time value of money Capital budgeting Cost of capital Leverage analysis and capital structure policies Dividend policy Bond value calculations like YTM, current yield etc International finance:- Derivatives Futures and options Swaps and forwards Business problems Finance problems Education (mention all your degrees, year awarded, Institute/University, field(s) of major): Education Qualification Board/Institution/ University Month/Year of Passing % Secured OPTIONALS/ Major ICWAI(inter) ICWAI inter Pursuing Pursuing - M.com(Finance) Osmania University June 2007 65 Finance & Taxation M B A (Finance) Osmania University Dec 2004 66 Finance & Marketing. B.Com Osmania University June 2002 72 Income Tax, Cost & Mgt, Accountancy, Auditing. Intermediate (XII) Board of Intermediate May 1999 58 Mathematics, Accountancy, Economics. S S C (X) S S C Board. May 1997 74 Mathematics, Social Studies, Science. Tutoring experience: • 10 year experience in online trouble shooting problems related to finance/accountancy. • Since 6 Years working with solution inn as a tutor, I have solved thousands of questions, quick and accuracy Skills (optional): Technical Exposure: MS Office, SQL, Tally, Wings, Focus, Programming with C Financial : Portfolio/Financial Management, Ratio Analysis, Capital Budgeting Stock Valuation & Dividend Policy, Bond Valuations Individual Skills : Proactive Nature, Self Motivative, Clear thought process, Quick problem solving skills, flexible to complex situations. Achievements : 1. I have received an Award certificate from Local Area MLA for the cause of getting 100% marks in Accountancy during my Graduation. 2. I have received a GOLD MEDAL/Scholarship from Home Minister in my MBA for being the “Top Rank student “ of management institute. 3. I received numerous complements and extra pay from various students for trouble shooting their online problems. Other interests/Hobbies (optional): ? Web Surfing ? Sports ? Watching Comics, News channels ? Miniature Collection ? Exploring hidden facts ? Solving riddles and puzzles
4.80+
391+ Reviews
552+ Question Solved
Related Book For
Information Technology for Management Digital Strategies for Insight Action and Sustainable Performa
ISBN: 978-1118994290
10th edition
Authors: Efraim Turban, Carol Pollard, Gregory Wood
Question Posted:
Students also viewed these Business questions
-
Write a paper on ERP and describe its features and advantages.
-
How do Porters competitive forces model, the value chain model, synergies, core competencies, and network economics help companies develop competitive strategies using information systems? a) Define...
-
Define and describe the major objectives of the World Trade Organization (WTO) and the international economic communities.
-
Part A: The following departments of activities are recorded in the City of Atlantas Comprehensive Annual Financial Report in the appendix to this chapter. Indicate the type of fund that most likely...
-
At engine burnout on a mission, a shuttle had reached Point A at an altitude of 40 mi above the surface of the earth and had a horizontal velocity v0. Knowing that its first orbit was elliptic and...
-
Refer to Problems 9 and 10 in the chapter involving the Salza Technology Corporation A. Calculate Salzas NOPAT breakeven in terms of NOPAT breakeven revenues for 2010. B. Calculate the NOPAT...
-
Food delivery complaint. eLogii is a global technology platform that helps companies meet their customers increasing expectations when it comes to delivery and field services. An article posted on...
-
Sue North is examining customer- service costs in the southern region of Capitol Products. Capitol Products has more than 200 separate electrical products that it sells with a 6- month guarantee of...
-
You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a common practice with expensive, high-tech equipment). The scanner costs $6,400,000 and...
-
Mahendra started a business on 1 November 207. He provided the following information for his first month of trading: Nov 1 Introduced $160 000 capital into the business, of which $158 500 was...
-
How does Chatter enable workers to solve problems?
-
Briefly describe the challenges of legacy systems that motivate the migration to ERP.
-
Calculate the entropy change for a process in which 3.00 moles of liquid water at 0oC is mixed with 1.00 mole of water at 100.oC in a perfectly insulated container. (Assume that the molar heat...
-
Concord Timber Company owns 9,000 acres of timberland purchased in 2014 at a cost of $1.470 per acre. At the time of purchase. the land without the timber was valued at $420 per acre. In 2015,...
-
Foofy computes z-scores for a set of normally distributed exam scores. She obtains a z-score of -3.96 for 8 out of 20 of the students. What do you conclude?
-
Part 1 Recording Using the financial statements for the hypothetical company - Big Box Retailer-record the transactions for the year to the financial statement. The financial statements may be found...
-
Finding Standard Deviation from a Frequency Distribution. In Exercises 37-40, refer to the frequency distribution in the given exercise and compute the standard deviation by using the formula below,...
-
STAR Co. provides paper to smaller companies whose volumes are not large enough to warrant dealing directly with the paper mill. STAR receives 100-feet-wide paper rolls from the mill and cuts the...
-
The accounts of Deluxe Patio Service, Inc., follow with their normal balances at April 30, 2021. The accounts are listed in no particular order. Requirements 1. Prepare the companys trial balance at...
-
Danielle has an insurance policy with a premium of $75 per month. In September she is in an accident and receives a bill worth $2990 for the repair of her own property. Her deductible is $250 and her...
-
Matt and Sandy reside in a community property state. Matt left home in April 2016 because of disputes with his wife, Sandy. Subsequently, Matt earned $15,000. Before leaving home in April, Matt...
-
Pat was divorced from her husband in 2011. During the current year she received alimony of $18,000 and child support of $4,000 for her 11-year-old son, who lives with her. Her former husband had...
-
Stan rented an office building to Clay for $3,000 per month. On December 29, 2015, Stan received a deposit of $4,000 in addition to the first and last months rent. Occupancy began on January 2, 2016....
-
Palisade Creek Co. is a merchandising business that uses the perpetual inventory system. The account balances for Palisade Creek Co. as of May 1, 2019 (unless otherwise indicated), are as follows:...
-
1-When accounting for an acquisition, goodwill is the difference between what two things? 2- What factors should be considered when deciding whether an acquisition should be financed with cash or...
-
What is the main friction Fluidity aims to address? REAL STATE
Study smarter with the SolutionInn App