The Software That a Company's IT Department Makes, Builds, and Develops

question 88

Multiple Choice

The software that a company's IT department makes, builds, and develops is called ____ software.

• A)in-house
• B)internal
• C)external
• D)indexed

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Definitions:

Notice Of Dishonor

A formal notification that a negotiable instrument, like a check, has been refused payment and is dishonored.

Collecting Bank

A bank that processes checks and other instruments for payment on behalf of the payee.

Secondarily Liable

Being indirectly responsible for a debt or obligation, where primary liability falls to another party.

Endorser

One who issues an endorsement.