On-Demand Supply Chain Software That Is Not Installed on a Company

question 22

Multiple Choice

On-demand supply chain software that is not installed on a company computer is gaining in popularity. An issue to be addressed with this purchase option is

• A) Functionality may not be as robust as traditional software
• B) Data control is an issue
• C) Total cost of ownership could exceed purchase cost over the long run
• D) All of these

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Definitions:

Note Maturity

Note maturity refers to the date on which a debt instrument, such as a bond or promissory note, reaches its due date and the principal is to be paid to investors.

Quarterly Interest

Interest calculated or paid every three months on loans, investments, or deposits.

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan balance.

Non-Interest Bearing

refers to financial instruments or accounts that do not earn or involve the payment of interest, such as certain loans or bonds.