Which of the Following Is Usually Not Part of an ERP's

question 129

Multiple Choice

Which of the following is usually not part of an ERP's core applications?

• A) legacy systems
• B) financial accounting
• C) material management
• D) sales and distribution

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Definitions:

September Bank Reconciliation

The process of matching and comparing figures from the accounting records against those presented on the September bank statement to ensure consistency and accuracy in the financial records.

Cash Receipts Journal

A financial journal that records all cash inflows or receipts of a business, including sales cash and account receivables collections.

Incorrectly Recorded

Refers to an error in documenting financial or other records, leading to inaccuracies in the accounting or data management process.

Bank Reconciliation

The process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement.