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ERP systems are optimally used to support budgeting except when: Select the correct option and Submit. A known, quantifiable deviation is expected to occur causing
ERP systems are optimally used to support budgeting except when: Select the correct option and Submit. A known, quantifiable deviation is expected to occur causing a deviation from past performance. A series of generated performance reports capturing variances versus actual performance is used as a feedback mechanism. An unprecedented departure from standard costing will require modeling due to dynamics of the proposed strategic plan. A balanced scorecard is developed, since ERP system output typically does not support calculation of metrics well
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