Financial Management, Operations Management, and Human Resource Management Are Extended

question 10

True/False

Financial management, operations management, and human resource management are extended ERP modules.

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Definitions:

Operating Activities

Encompasses the primary revenue-generating activities of an entity, including production, sales, and delivery of the company's products and services.

Cash Dividend

A distribution of profits by a company to its shareholders in the form of cash.

Comparative Balance Sheet

A financial statement that displays the company's financial position at different periods of time side by side for comparison.

Direct Method

A method of reporting cash flows from operating activities by showing major classes of gross cash receipts and payments.