Which of the Following Is Not One of the Advantages

question 89

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.
• D)The system has been customized to meet specific needs of the organization.

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Definitions:

Material Fact

A fact that would be important to a reasonable person in deciding whether to engage or not engage in a particular transaction.

Securities Act of 1933

A U.S. law enacted as part of the New Deal, aimed at ensuring transparency in financial statements so investors can make informed decisions about investments, and establishing laws against misrepresentation and fraudulent activities in the securities markets.

Registration Statement

A document filed with the SEC that contains detailed information about a company's operations and securities it intends to offer.

Malpractice

A failure of a professional to meet the standard of care or conduct in their field, often leading to harm or loss.