The Financials Module of an ERP Such as SAP Would

question 15

Multiple Choice

The financials module of an ERP such as SAP would include all of the following components except:

• A)Inventory
• B)Financial accounting
• C)Management accounting
• D)Corporate governance

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Definitions:

Collection Time

The average period that a company takes to collect payments from its customers after a sale has been made, impacting cash flow and liquidity.

Processing Delay

The time lag between the initiation and completion of a process, often seen in transaction processing or manufacturing operations.

Availability Delay

The lag between the deposit of a check and the moment the funds become available in the account.

Securities Trade

The buying and selling of financial instruments such as stocks, bonds, and mutual funds.