Organizations Can Use SaaS to Acquire Cloud-Based ERP Systems

question 49

True/False

Organizations can use SaaS to acquire cloud-based ERP systems.

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Definitions:

Accounting Information

Financial data and records about an organization's transactions and financial condition, which are used in making business decisions.

Economic Activity

Economic activity refers to activities related to the production, distribution, exchange, and consumption of goods and services in an economy.

Economic Entities

Organizations or individuals engaged in economic activities, recognized as separate units for accounting and financial reporting.