Accounting · Management Accounting
A manufacturer and retailer of kitchens introduces an enterprise resource planning (ERP) system. Which of the following is NOT likely to be a potential benefit of introducing this system?
- 1Critical strategic information can be summarised✓
- 2Sales are recorded into the financial ledgers
- 3Inventory records are updated automatically
- 4Schedules of labour are prepared for manufacturing
Correct answer
Critical strategic information can be summarised
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