Which of the Following Is Not Listed by the Textbook

question 37

Multiple Choice

Which of the following is not listed by the textbook as a best-selling provider of cloud-based ERP systems?

• A) SAP
• B) IBM
• C) NetSuite
• D) Sage

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Definitions:

Deposit

A sum of money placed or kept in a bank account, often to gain interest.

Balance

Balance refers to the amount of money in a financial account, or the equality between the sum of debits and credits in an account.

Account

A record or statement of financial expenditure and receipts relating to a particular period or purpose or the contractual arrangement under which an entity manages the funds of another.

Collection Float

The delay between when a check is deposited into a bank account and when the funds are available to the depositor, affecting cash flow.