_____________________ Is a Software That Organizes and Manages a Firms

question 42

Multiple Choice

_____________________ is a software that organizes and manages a firms business processes by sharing information across functional areas.

• A)Materials requirement planning (MRP)
• B)Enterprise requirements planning (ERP)
• C)Product lifecycle management (PLM)
• D)None of these answer choices is correct.

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Definitions:

Budgeted Disbursements

Forecasted cash outflows for a specific period, often part of a company's cash budget and crucial for managing liquidity.

Desired Balance

The targeted amount of funds or resources a company or individual aims to have available at a certain point in time for a specific purpose.

Excess (Deficiency)

The difference between what was budgeted or expected in financial projections and the actual amount received or spent, indicating a surplus or shortfall.

Master Budget

A comprehensive financial planning document that consolidates all of an organization's budgets for various departments or activities.