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Describe the different software components used in an ERP system.
Intercompany Sales
Transactions of goods or services between divisions or subsidiaries within the same parent company.
Common Parent Corporation
The umbrella corporation in a conglomerate or group of companies that controls subsidiary companies.
Newly-formed Corporation
A business entity that has been recently established and registered as a corporation, initiating its legal and operational activities.
Debt
Money owed by one party to another under conditions that require repayment, often including interest.
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