Which Component of an Enterprise Resource Planning (ERP)system Provides Information

question 118

Multiple Choice

Which component of an enterprise resource planning (ERP) system provides information related to e-procurement?

• A)The purchasing component
• B)The vendor integration component
• C)The human resources component
• D)The accounting component

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Definitions:

International Flows

The movement of goods, services, capital, and people across international borders.

Balance of Payments

A comprehensive record of all economic transactions between the residents of a country and the rest of the world in a specific period.

Financing

The process of providing funds for business activities, making purchases, or investing, through various means such as loans, equity investments, or lines of credit.

International Trade

The exchange of goods, services, and capital between countries, driven by comparative advantages and leading to increased economic efficiency.