MATCHING Match the Letters in the Accompanying Figure with a Statement

question 25

Multiple Choice

MATCHING
Match the letters in the accompanying figure with a statement below.
Figure 4-2 The SAP ERP production planning process
-What is C?

• A)MRP
• B)Demand Management
• C)Purchasing
• D)Sales Forecasting
• E)Detailed Scheduling
• F)Starting Inventory
• G)Production
• H)Sales and Operations Planning

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Definitions:

General Journal

A primary accounting record used to record all types of transactions before they are posted to the specific accounts in the ledger.

General Ledger

The main accounting record of a business that uses double-entry bookkeeping, which contains all the financial accounts and transactions of the company.

Subsidiary Ledgers

Detailed records that contain information about specific accounts, such as accounts receivable or payable, that support the summarized data in the general ledger.

Sales Invoice

A paper provided by the seller to the buyer that outlines the goods or services offered, the total due, and the conditions of payment.