An Enterprise Resource Planning (ERP)System Is a Single Database That

question 69

True/False

An Enterprise Resource Planning (ERP)System is a single database that collects data and feeds into applications that support each of the company's business activities,such as purchases,production,distribution,and sales.

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Definitions:

Discounts

Reductions in price offered to customers, often as an incentive to increase sales or prompt early payment.

Bond Issue

The process of offering bonds for sale to potential investors, typically to raise capital for a corporation or government.

Redeemed

The act of repaying or buying back something, such as repaying a loan, fulfilling a promise, or converting a financial security.

Unamortized Premium

The portion of the bond premium that has not yet been expensed to interest over the life of the bond.