The Financials Module of an ERP Such as SAP Would

question 134

Multiple Choice

The financials module of an ERP such as SAP would include all of the following components EXCEPT:

• A)Inventory
• B)Financial accounting
• C)Management accounting
• D)Corporate governance

---

Definitions:

Annuity Due

A type of annuity payment where the payment is due at the beginning of each period, rather than at the end.

Expected Cash Flows

The projected amounts of money to be received or paid out by a business within a specified period.

FASB Concepts

Theoretical principles and frameworks established by the Financial Accounting Standards Board to guide the development of accounting standards.

Interest Rate

The percentage at which interest is charged or paid on borrowed or saved money, typically expressed as an annual percentage.