In an ERP System, Which Module Keeps Track of Inventory

question 27

Multiple Choice

In an ERP system, which module keeps track of inventory?

• A) financial accounting module
• B) sales and distribution module
• C) materials management module
• D) human resources module
• E) customer relationship module

Understand internal control violations and their potential impacts on an organization.

Comprehend the concept of liquidity and its significance for a company's operational capability.

Grasp the voucher system and its role in controlling cash payments and liabilities.

Understand the purpose and use of different financial documents, including vouchers and bank statements.

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Definitions:

Transport Layer

Constitutes the fourth layer of the OSI model, responsible for delivering data across network connections with proper sequencing and error control.

TCP/IP

Transmission Control Protocol/Internet Protocol, a set of networking protocols that enables communication between computers on a network.

ISP

Internet Service Provider; a company that provides customers with access to the internet and related services.

Internet Connections

The method by which computers and devices are able to access the World Wide Web and other online services.