In the ERP System, User ________ Are Set Up to Define

question 65

Multiple Choice

In the ERP system, user ________ are set up to define the access rights for each and every functional user of the system.

• A) accounts
• B) GUIs
• C) applications
• D) roles
• E) none of the above

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Definitions:

Current Liabilities

Financial obligations that a company is expected to pay within one year, including accounts payable, short-term loans, and other similar debts.

Premium On Bonds

The amount by which the market value or sale price of a bond exceeds its face value, indicating that the bond was sold for more than its original issue price.

Contra Account

An account used in accounting to reduce the value of a related account; it has a balance opposite to the normal account balance.

Par Value

The face value of a bond or the stock value stated in the corporate charter, which may differ from its market value.