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What Are the Different Business Functions Integrated by ERP

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What are the different business functions integrated by ERP?


Definitions:

Accounting Standards

Regulations and guidelines for financial reporting and accounting practices that ensure consistency, transparency, and comparability of financial statements.

Direct Form

A presentation format used in financial reporting where information is listed directly without using indirect methods of calculation.

Exchange Rate

The rate at which one currency will be exchanged for another currency.

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