Which of the Following Is an Advantage of Custom-Developed Software

question 27

Multiple Choice

Which of the following is an advantage of custom-developed software?

• A) They are less expensive than off-the-shelf software.
• B) They can be tailored according to an organization's requirements.
• C) They are easier to develop than using horizontal applications.
• D) They need not be adapted to changing needs.

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Definitions:

Corporate Financing

The process of providing funds for business activities, making investments, and managing financial risks.

Conditional Sales Agreement

A contract agreement where the sale of goods is conditional upon certain terms, with the ownership title remaining with the seller until those conditions are met.

Chattel Mortgage

A legal arrangement where personal property is used as security for a loan, but the borrower maintains possession of the property while repaying the loan.

Principal Differences

Fundamental disagreements or conflicting main ideas, often found in negotiations, viewpoints, or interpretations.