Question :

ERP stands for


A) Enterprise resource planning
B) Economic resource planning
C) Efficient resource planning
D) Economic resource processing

Answer : A

Description :


ERP stands for Enterprise resource planning. It’s a business process management software that manages and integrates a company’s financials, supply chain, operations, reporting, manufacturing, and human resource activities.


Related Questions - 1


The Profit & Loss statement can be displayed in ________ format(s).


A) Horizontal
B) Vertical
C) A or B
D) None of the above

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Related Questions - 2


What is the advantage of a computer-based transaction processing system


A) Does not require as stringent a set of internal controls
B) Will produce a more accurate set of financial statements
C) Eliminates the need to reconcile control accounts and subsidiary ledgers
D) Will be more efficient at producing financial statements

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Related Questions - 3


To see reports of Job Work Analysis


A) Display > Statements of Accounts > Job Work Analysis
B) Display > Job Work In Reports > Job Work Analysis
C) Display > Statements of Accounts> Cost Centre > Job Work Analysis
D) None of these

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Related Questions - 4


By which option Purchase or Sales register can be viewed


A) Statutory Books
B) Inventory Books
C) Accounts Books
D) Display

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Related Questions - 5


Which of the following is not compulsory to create while entry in Accounts with Inventory


A) Stock Groups
B) Stock Items
C) Stock Categories
D) Units of Measure

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