In an ERP System,the Balance Sheet and P&L Statements Are

question 54

Multiple Choice

In an ERP system,the balance sheet and P&L statements are: ____.

• A) Generated yearly
• B) Not available
• C) Reports
• D) Modules

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Definitions:

Foreseeable

A condition or event that is predictable or should have been anticipated in the course of planning or decision making.

Restatement Second Torts

A legal document summarizing the general principles of American tort law, including definitions and conceptual distinctions.

Strictly Liable

A legal term indicating the responsibility for damages or injury, regardless of fault or intent, usually applied in cases involving inherently dangerous or defective products or activities.

Res Ipsa Loquitur

A legal doctrine that allows an inference of negligence to be drawn from the very nature of the accident or injury, in the absence of direct evidence on how any defendant behaved.