Which of the following statements is NOT true regarding ERP? A. ERP promises slow, but accurate, information. B. ERP allows companies share a common database and business practices throughout the enterprise. C. ERP usually provides financial and human resource management information. D. The objective of an ERP system is to coordinate a firm's whole business.

A. ERP promises slow, but accurate information.

Explanation:

Option A. ERP promises slow, but accurate, information is incorrect. One of the most important aspects of Enterprise Resource Planning (ERP) has to do with time optimization through its "Automation" features which aim at cutting down several hours of staff work in performing tedious tasks. Accuracy in information is a must.

Among other important features and capabilities of ERP, it is worth mentioning:

1. Integration

2. Automation

3. Reporting

4. Tracking and Visibility

5. Data Analysis

6. Accounting

7. Customer Relationship Management