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Which of the Following Statements About an ERP System Is

question 2

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Which of the following statements about an ERP system is true?


Definitions:

Budget

An estimate of income and expenditure for a set period of time, often used as a plan for managing finances.

Organizations

Entities composed of individuals and resources, structured to achieve specific goals through a collective effort.

Bureaucratic Control System

A formal system of organization based on clearly defined hierarchical levels and roles, focused on following rules and procedures to manage operations.

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