Which of the Following Is Not One of the Advantages

question 50

Multiple Choice

Which of the following is not one of the advantages of maintaining the legacy systems?

• A)Legacy systems are inexpensive to maintain.
• B)The system contains invaluable historical data that may be difficult to integrate into a new system.
• C)The system is well supported and understood by existing personnel who are already trained to use the system.
• D)The system has been customized to meet specific needs of the organization.

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Definitions:

Consigned Merchandise

Goods that are sent by one party to another to sell, with payment to the consignor occurring only after the sale.

Consignee's Inventory

Goods that are held by a consignee but still legally belong to the consignor until sold, after which sales revenue is shared as per agreement.

Decreasing Costs

A situation where the total cost of production goes down as the volume of production increases.

LIFO Method

The LIFO (Last In, First Out) method is an inventory valuation technique where the latest items added to inventory are the first to be sold or used.