In Addition to Sales, CRM, and SCM, ERP Modules Support

question 73

Multiple Choice

In addition to sales, CRM, and SCM, ERP modules support business activities such as _____________.​

• A) ​product planning
• B) ​manufacturing and purchasing
• C) ​inventory control and distribution
• D) ​all of the above

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Definitions:

Solvency

The ability of an entity to meet its long-term financial obligations and continue its operations into the foreseeable future.

ASPE

Accounting Standards for Private Enterprises; a set of accounting practices and standards for private companies in Canada.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that serve as a global framework for preparing financial statements.

Comparability

An accounting principle that ensures financial statements can be consistently compared across different periods and entities.