A Forward Integration Takes Information Entered into a Given System

question 245

True/False

A forward integration takes information entered into a given system and sends it automatically to all upstream systems and processes.

---

Definitions:

Mortgages

Loans specifically designed for the purchase of real estate, secured by the property itself.

Sarbanes-Oxley Act

A U.S. federal law enacted in 2002 to protect investors from the possibility of fraudulent accounting activities by corporations.

Financial Reports

Documentation that outlines an organization's financial status and performance over a specific period.

Consultants

Professionals who provide expert advice in a particular area or specialized field to businesses or individuals.