Certified Internal Auditor (CIA) Part 3: Business Knowledge for Internal Auditing — Question 143
Which of the following can be viewed as a potential benefit of an enterprisewide resource planning system?
Answer options
- A. Real-time processing of transactions and elimination of data redundancies.
- B. Fewer data processing errors and more efficient data exchange with trading partners.
- C. Exploitation of opportunities and mitigation of risks associated with e-business.
- D. Integration of business processes into multiple operating environments and databases.
Correct answer: A
Explanation
Option A is correct because an enterprisewide resource planning system provides real-time transaction processing and helps eliminate data redundancies, enhancing overall efficiency. The other options, while highlighting important benefits, do not directly address the core advantage of real-time processing and data redundancy elimination.