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Ford's ERP System Follows the American Accounting Standards in Its

question 27

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Ford's ERP system follows the American accounting standards in its U.S.subsidiaries,and follows the Mexican accounting standards in its Mexico subsidiaries.This ERP system is _____.


Definitions:

Emissions Trading Scheme

A market-based approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants.

Excess Emissions

The amount of pollutants discharged into the environment that exceeds what is permitted by law or regulation.

Substantial Fines

Significant monetary penalties imposed on an individual or company for violations of laws, regulations, or agreements.

Ethical Investment Funds

Investment funds that consider environmental, social, and corporate governance criteria to generate long-term competitive financial returns and positive societal impact.

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