The ERP Program That Uses the Term "Back Office" in Reference

question 7

Multiple Choice

The ERP program that uses the term "back office" in reference to managerial functions and "front office" in reference to customer and sales functions is:

• A)SAP R/3
• B)Oracle Applications
• C)Peoplesoft
• D)mySAP

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Definitions:

Notes Payable

Short-term or long-term liabilities representing borrowed funds that must be repaid to the creditor, typically with interest.

Interest Expense

The cost incurred by an entity for borrowed funds over a period of time, often related to loans or credit.

Journal Entry

A record in the accounting journals that details a financial transaction and its effect on account balances.

FICA Social Security

A U.S. government program funded through payroll taxes that provides benefits to retirees, disabled individuals, and survivors.