Data from Functional Area ISs Support Enterprise Apps,which Include All

question 67

Multiple Choice

Data from functional area ISs support enterprise apps,which include all of the following except ________.

• A)BI
• B)CRM
• C)E-commerce
• D)Operational performance

Calculate net income or net loss correctly.

Recognize the significance and placement of withdrawals and expenses in financial reporting.

Understand the structure and purpose of a trial balance in accounting.

Identify and categorize different types of accounts (assets, liabilities, equity, revenue, expenses, and withdrawals) within a financial accounting system.

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Definitions:

Cash

A form of liquid asset that represents immediate purchasing power and can be used for transactions or as a reserve for future payments.

Receivables

Balances owed by customers for the consumption or acquisition of goods and services provided by a company, pending payment.

Accrued Salaries

Salaries that have been earned but not yet paid out to employees.

Current Asset

An asset that is expected to be converted into cash, sold, or consumed within one year or the operating cycle, whichever is longer.