An enterprise resource planning ERP) system would update accounts receivable and inventory when purchased goods are received from a vendor.

Name: An enterprise resource planning ERP) system would update accounts receivable and inventory when purchased goods are received from a vendor.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An ERP system updates accounts payable and inventory when goods are received from a vendor, not accounts receivable. Accounts receivable is updated when sales are made to customers.

An Enterprise Resource Planning ERP) System Would Update Accounts Receivable