Question: The application programs are designed in accordance with industry norms or ­­­­_____________ .

Transactions are handled in real-time application programs,which mean that as soon as a transaction is recorded into the system, all users of the system are aware of the impact on elements like inventory status, order status, and accounts receivable. In a real-time system, there is no delay in transaction processing.

The software modules are at the heart of an ERP system. The application programs are designed by industry norms or ­­­­Best practicesand this core is designed to efficiently conduct business transactions to support an enterprise's vital functions. Transactions describe each of the activities that make up the procedures that the company uses to do business. They work from a single database. The integrated database's main benefit is that information isn't reentered at each step of the process, eliminating mistakes and work.