Define Enterprise resources planning system (ERPs). Critically evaluate the statement " ERPS are useful for management accouting and enhance decision making".

Executive Summary: Enterprise resources Planning (ERP) systems have become a vital component of successful businesses and organizations. Although ERP systems are difficult to implement and use properly and effectively, they still provide significant benefits to all kinds of businesses since they have the ability to centralize corporate data and improve the efficiency and effectiveness of their business processes and managerial decision-making. The ERP systems are part of the management accounting system (MAS); it could strengthen …

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