ENTERPRISE RESOURCE PLANNING Definition

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ENTERPRISE RESOURCE PLANNING (ERP) is an information system or process that integrates all operational data and related applications for an entire enterprise. ERP systems permit organizations to manage resources across the enterprise.

Learn new Accounting Terms

HEDGE, in securities, is a transaction that reduces the risk of an investment.

EDIT CHECKS are reasonableness, validity, limit, and completeness tests that are programmed routines designed to check input data and processing results for completeness, accuracy and reasonableness.

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