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What Is the Common Name for a Computer System That

question 3

Multiple Choice

What is the common name for a computer system that integrates application programs in accounting, sales, manufacturing, and other functions in a firm by way of a shared database?

Definitions:

Secondary Liability

Secondary Liability refers to the legal responsibility of a third-party for the actions of another, such as a parent company being liable for the actions of its subsidiary.

Party Authority

The legal power or capacity of a party to enter into a binding contract or agreement.

Act On Behalf

The action of representing or making decisions for someone else or another entity.

Drawer

The person who writes or drafts a negotiable instrument, such as a check, directing the bank to pay the specified amount to the party named in the document.