Which of the Following Statements Is True of Microsoft's ERP

question 37

Multiple Choice

Which of the following statements is true of Microsoft's ERP products?

• A) Dynamics CRM is a true ERP product used by large organizations.
• B) GP is the easiest of Microsoft's ERP products to install.
• C) Nav is likely to continue as a general-ledger program in the future.
• D) AX was developed in-house by Microsoft.

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Definitions:

Trial Balance

A statement that lists all the balances of the ledger accounts, used to verify that the total of debit balances equals the total of credit balances.

General Journal

An accounting book where all transactions are initially recorded, based on the double-entry bookkeeping system, before being transferred to specific accounts.

Accounts Receivable

Company receivables from goods or services provided to customers that remain unpaid.

Accounts Payable

Debts or financial obligations to vendors or lenders for products and services that have been acquired but remain unpaid.