What Is the Advantage to Credit Management in SAP ERP

question 15

Multiple Choice

What is the advantage to credit management in SAP ERP?

• A)Marketing and Sales get weekly reports.
• B)The data is in real-time.
• C)Payments are posted daily.
• D)There is no advantage.

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Definitions:

Research and Development

Activities undertaken by a business to develop new products or improve existing ones, often involving innovation and technological advancement.

Capitalized

The process of recording an expenditure as an asset, rather than an expense, allowing a company to spread out the cost over time.

Natural Resource Depletion

The consumption of natural resources faster than they can be replenished, specifically accounted for in the valuation and depreciation of such resources by companies.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, culminating in its net income or loss for that period.