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An ERP System Is a Single, Large Software Program

question 39

True/False

An ERP system is a single, large software program. It that regard, it has the same structure as Microsoft Excel.


Definitions:

Par Value

The nominal or face value of a security or stock as stated by the issuing company, which might not reflect its market value.

Book Value

The value of an asset according to its balance sheet account balance, which is the cost of the asset minus any depreciation, amortization, or impairment costs made against the asset.

Book Value

The net value of a company's assets minus its liabilities, often used as an estimate of the company's worth.

Common Shares

Equity securities that represent ownership in a corporation, giving shareholders voting rights and a share in the company's profits via dividends.

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