Question: Match the following terms and definitions. a. enterprise system b. integrated enterprise system c. business processes d. value chain e. transaction cycles f. purchasing cycle
Match the following terms and definitions.
a. enterprise system
b. integrated enterprise system
c. business processes
d. value chain
e. transaction cycles
f. purchasing cycle
g. payroll cycle
h. sales cycle
i. baseline accounting system
1. An organizing framework for business processes, beginning with vendors and ending with customers
2. Exchanges or transactions between an enterprise and its customers
3. Accounting transactions related to specific business processes
4. Shares data across functional areas within the enterprise
5. Transactions with employees
6. Related activities performed by an enterprise to create value by transforming input into output
7. A system that supports business activities throughout the enterprise, including inputs, processing, and outputs
8. Transactions related to purchasing items from vendors
9. A model that provides an enterprise-wide view of the firm’s accounting system
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