Enterprise Systems Are Large Information Systems That Provide the Core

question 58

True/False

Enterprise systems are large information systems that provide the core functionality needed to run a business and share data across all divisions of the business.

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Definitions:

Asset Account

An account on a balance sheet representing tangible or intangible items of value owned by a company.

Trial Balance

A ledger balance sheet summarizing all accounts, showing equal totals for both credit and debit columns.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal.