Question: (T/F) Master data represents entities associated with various processes. For example, processes involve buying materials from vendors and selling materials to customers. ( (T/F) The

(T/F) Master data represents entities associated with various processes. For example, processes involve buying materials from vendors and selling materials to customers.

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(T/F) The Procurement Type indicates whether a material is produced in-house or internally, obtained externally, but never both or none.

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