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Author Question: Describe an enterprise-wide resource planning system. What will be an ideal ... (Read 118 times)

Charlie

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on: Jul 5, 2018
Describe an enterprise-wide resource planning system.
 
  What will be an ideal response?

Question 2

Subsidiary ledgers are ________.
 
  A) the ledgers prepared by the subsidiaries and consolidated with the parent company
  B) used instead of general ledgers
  C) detailed records that support the balances in the general ledger
  D) the unadjusted trial balance


Natalie4ever

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Reply #1 on: Jul 5, 2018
Answer to Question 1

An enterprise-wide resource planning system represents a single integrated information system in which all of the company's information is recorded and managed. The ERP includes more than the accounting information system (or general ledger system). It also may include information from all of the other functional areas of the business such as human resources, marketing, production, and distribution.

Answer to Question 2

C


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