An ERP System Is a Good Tool for Developing and Executing

question 44

True/False

An ERP system is a good tool for developing and executing production plans because it integrates the functions of production planning,purchasing,materials management/warehousing,quality management,sales,and accounting.

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Definitions:

State and Federal Income Taxes

Taxes imposed on individuals and businesses by state and the federal government based on the income earned within the tax year.

Necessities

Essential goods or services required for basic living and sustaining human life, often including food, water, shelter, and clothing.

Technology

Inventions or innovations from applied science or engineering research.

Applied Science

The discipline of applying existing scientific knowledge to develop more practical applications, such as technology or inventions.