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