Which of the Following Is an Extended ERP Component

question 37

Multiple Choice

Which of the following is an extended ERP component?

• A) Business intelligence
• B) Ebusiness
• C) Customer relationship management
• D) None of the above

Understand the structure and purpose of an end-of-period spreadsheet in accounting.

Comprehend the process of preparing an end-of-period spreadsheet and how it fits into the accounting cycle.

Grasp the relationship between the Trial Balance and Adjusted Trial Balance totals in the context of an accounting period.

Recognize the sequence of preparing unadjusted, adjusted, and final trial balances within the accounting cycle.

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Definitions:

Drawer

The person who writes or drafts a negotiable instrument, such as a check, directing the bank to pay the specified amount to the party named in the document.

Acceptor

A person (drawee) who accepts and signs a draft to agree to pay the draft when it is presented.

Negotiable Instruments Liability

Legal accountability related to documents that promise payment to the bearer or named party, such as checks or promissory notes.

Primarily Liable

Refers to the main party responsible or legally obligated to fulfill a duty or pay a debt.