Management accounting systems as compared to ERP systems

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1. Management accounting systems as compared to ERP systems, share financial information in an integrated database. True or False

2. ERP systems offer both operational data and activity based cost information True or False

3. ERP systems provide real-time data for decision making enabling to guide decision making and formulating strategies to help organizations. True or False

4. Accounts Receivable subsystem in the financial accounting, includes monitoring customer accounts, accepts payments, updates accounts, generate due date lists etc True or False

5. Accounting systems support both operational and management control functions. True or False

PS: Answers are true or false

 

Reference no: EM132226488

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