Enterprise resource planning (ERP) is a multi-module software system designed to manage all aspects of an enterprise. ERP systems are usually broken down into modules such as financials, sales, purchasing, inventory management, manufacturing, and human resources.

Required:

(a) List FIVE (5) businesses engagement in a variety of activities.

(b) Explain the TWO (2) parties involve in accounting information system interaction.

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(c) Describe TWO (2) basic exchanges of transaction cycleswith illustration.