What Is at the Heart of Any ERP System

question 20

Multiple Choice

What is at the heart of any ERP system?

• A) Information
• B) Employees
• C) Customers
• D) Database

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Definitions:

Reformation

A legal process to correct or modify a contract or document to accurately reflect the intended terms of the parties involved.

Uniform Commercial Code

A comprehensive set of laws governing commercial transactions in the United States, aiming to standardize legislation across states to facilitate easier commerce.

Terms

Conditions and stipulations agreed upon in a contract or agreement that define the obligations and rights of the parties involved.

Agreements

Contracts or arrangements made between two or more parties that are enforceable by law.