What Is the Key Word in ERP

question 22

Multiple Choice

What is the key word in ERP?

• A)Enterprise
• B)Resource
• C)Planning
• D)None of these

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Definitions:

Long-term Future

A period of time that extends beyond the immediate future, focusing on developing strategies or goals that will have an impact in the coming years.

Tangible Assets

Physical items of value owned by a business, such as buildings, machinery, or inventory.

Balance Sheet Method

An accounting technique used to estimate the liquidity of a company by analyzing its assets, liabilities, and shareholders' equity at a given point in time.

Asset Method

A business valuation technique that calculates a company's worth based on the total value of its tangible and intangible assets.