The financial management system of a software company automatically updates the general ledger whenever there are any transactions in the company's accounts receivable and accounts payable. This is an example of the financial system's ________.
A)compliance reporting
B)exception reporting
C)service delivery applications
D)integration of components

Question

Quizplus · Accepted Answer

Integration of components refers to how different parts of a system work together to achieve a common goal. In this case, the financial management system is integrating the accounts receivable and accounts payable modules with the general ledger module in order to ensure that all transactions are automatically updated in the ledger. This helps to streamline the financial reporting process and reduce errors.

The Financial Management System of a Software Company Automatically Updates