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Which of the Following Statements Is True

question 8

Multiple Choice

Which of the following statements is true?

Understand and apply unit conversions within the Metric system.
Perform unit conversions between the Metric and Imperial systems.
Calculate costs based on unit prices and quantities.
Estimate material requirements for projects and purchases.

Definitions:

ERP

Enterprise Resource Planning; a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management, and supply chain operations.

POM Planning

Production and Operations Management Planning, involving the organization and coordination of manufacturing, production, and operations processes.

FAIS

The Financial Advisory and Intermediary Services Act, legislation aimed to regulate the offering of certain financial advisory and intermediary services to customers.

CRM

Customer Relationship Management, a technological approach to managing a company's interactions with current and potential customers, focusing on nurturing relationships to drive sales growth.

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