T120 ACC203 FE_QUESTION SHEET-FINAL - Compatibility Mo... Text Box Tools References Mailings Review View Dikshya E Help Nitro Pro Format Search A A Aa to ... 21 A.D.A. 1. .. l Emphasis Heading 1 T Heading 2 T Heading 3 T Heading 4 T Hea Paragraph Styles SECLUTA. ZU Tviurupre TICE QUESLUITS Each question is worth 1 mark All your answers to the MCQs must be marked on the separate answer sheet attached 1. Which of the following statements is true? a. Online batch processing is where transaction data are entered, edited, and processed as they occur. b. ERP implementation costs for large companies with multiple sites are usually about half the cost of the ERP user license. C. Data in ledgers is organized logically using coding techniques that assign numbers or letters to items to classify and organize them. d. In an ERP system, data entry controls such as validating data item and checking them for accuracy at the time of initial entry are not needed. 2. Which of the following statements is not true? a. With sequence codes, items are numbered consecutively to account for all items and a gap in the numerical sequence