Accounting and Finance ERP Components Manage Accounting Data and Financial

question 41

True/False

Accounting and finance ERP components manage accounting data and financial processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting, and asset management.

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Definitions:

Federal Medicare

A U.S. government health insurance program for people who are 65 years or older, and for some younger people with disabilities.

Managed Care Program

A healthcare delivery system aimed at managing cost, quality, and utilization of services by providing comprehensive care through a network of providers.

Diagnosis-Related Group (DRG)

A system to classify hospital cases into groups for the purposes of payment and evaluation.

Medicare

A federal government program in the United States that provides health insurance to people over 65 and to certain younger people with disabilities.