The Customization of Enterprise Resource Planning Software to Meet Different

question 40

Multiple Choice

The customization of enterprise resource planning software to meet different customer requirements without changing the program code is called ________.

• A) modularity
• B) configuration
• C) automation
• D) process blueprinting

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Definitions:

Deferred Tax Liability

A tax obligation recognized on a company's financial statements resulting from temporary differences between the tax basis of assets or liabilities and their reported amounts in the financial accounts.

Pre-Tax Book Income

The income an entity has earned before taxes are deducted, as reported in its financial statements, ignoring tax impacts.

Tax Depreciation

The deduction of a tangible asset's cost over its expected life span, used to reduce taxable income.

Book Depreciation

The method of allocating the cost of a tangible asset over its useful life for accounting and tax purposes.