Which of the following components of an enterprise resource planning (ERP) system tracks financial information, such as budget allocations and debits and credits?
A) The purchasing component
B) The vendor integration component
C) The human resources component
D) The accounting component

Question

Quizplus · Accepted Answer

The accounting component of an ERP system is responsible for tracking financial information, including budget allocations, debits, and credits. This allows businesses to maintain accurate financial records and make informed decisions regarding budgetary matters. The other components listed (purchasing, vendor integration, and human resources) are important parts of an ERP system but do not specifically track financial information.

Which of the Following Components of an Enterprise Resource Planning