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One Benefit of ERP Systems Is That They Allow Organizations

question 14

Multiple Choice

One benefit of ERP systems is that they allow organizations to quickly form and break ________ with other companies.


Definitions:

Marginal Tax Rate

The rate at which an additional dollar of income is taxed, representing the percentage of tax applied to your last dollar of income.

Tax Burden

The total amount of tax paid by an individual, a household, or an organization relative to their income or profits.

Social Security Benefits

Payments made to eligible individuals by the government, including retirement, disability, and survivor benefits.

Progressive Tax

Places greater burden on those with best ability to pay and little or no burden on the poor (for example, federal personal income tax).

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