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An Enterprise Resource Planning (ERP)software Program Platform Integrates and Automates

question 42

True/False

An enterprise resource planning (ERP)software program platform integrates and automates the firm's business processes into a common database.


Definitions:

Tax Reductions

Financial strategies or government policies aimed at decreasing the amount of taxes owed by individuals or corporations.

Synergistic Benefits

The additional value or performance gains created by combining two or more companies, products, or assets, beyond what could be achieved individually.

Merger

The combination of two or more companies into a single entity, usually to achieve synergistic effects, gain market share, or reduce competition.

Unused Debt Capacity

Refers to the additional amount of debt a company can incur and still be within its targeted financial ratios.

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