Which Component of an ERP System Includes Credit-Management Feature

question 74

Multiple Choice

Which component of an ERP system includes credit-management feature?

• A) Accounting and finance component
• B) Production and managerial management component
• C) Human resource component
• D) Production and materials management component

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Definitions:

Total Amount

The total amount refers to the aggregate sum or whole number of financial transactions, costs, or values expressed in monetary terms.

Recording Equipment

Devices or systems used for capturing audio, visual, or digital data, often used in entertainment, surveillance, and record-keeping.

Cash Received

The amount of money a company collects from its various business activities, including sales, financing, and investments.

Settlement Date

The date on which a trade is finalized or settled, with the transfer of securities and money between the buyer and seller.