One Benefit of the Inherent Processes in ERP Is That

question 20

True/False

One benefit of the inherent processes in ERP is that organizations that convert to ERP do not need to reinvent business processes.

---

Definitions:

Common Stock

A type of equity security that represents ownership in a corporation, providing voting rights and a share in the company's profits via dividends.

Book Value Per Share

A financial measure that divides a company's net asset value less any intangible assets and liabilities by the number of outstanding shares.

Par Value

The face value of a security as stated by the issuing company, which may or may not reflect its market value.

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities.