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Enterprise Resource Planning (ERP) MCQs

Why do many companies utilize third-party software to do financial reporting instead of using the ERP system built-in capabilities?

ERP systems do not come with any financial reporting ability.

Traditionally the built in reporting abilities have been weak and not flexible and do not meet the requirements of the companies.

Companies do not understand how to use the ERP financial reporting.

The third party software is an inexpensive alternative.

Answer

Correct Answer: Traditionally the built in reporting abilities have been weak and not flexible and do not meet the requirements of the companies.

Explanation:

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