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Managing Global Enterprise Architectures Is a Key Global IT Challenge

question 18

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Managing global enterprise architectures is a key global IT challenge for the 21st century. What is included in the term global enterprise architectures?


Definitions:

Periodic Method

An inventory accounting system where updates to inventory accounts and cost of goods sold are made periodically at the end of a reporting period.

Journal Entries

Recorded transactions in the accounting ledger that reflect the financial activities of a business.

Voucher

A document or record acting as evidence for a transaction, or as an authorization for payment.

Net Method

An accounting technique where discounts for early payment are calculated and recorded as lower sales prices at the time of sale, in anticipation that discounts will be taken.

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