Which of the Following Is Not an Advantage of a Legacy

question 63

Multiple Choice

Which of the following is not an advantage of a legacy system?

• A)They have been customized to meet specific needs in the organization
• B)Often support unique business processes not inherent in generic accounting software
• C)Contain invaluable historical data that may be difficult to integrate into a new system
• D)Are less costly to maintain as compared to modern ERP systems

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Definitions:

Business Combination

The coming together of separate entities or businesses into one reporting entity via a merger, acquisition, or consolidation.

Business Combination

The process of merging two or more companies into one, through various forms such as mergers, acquisitions, or consolidations.

Circumstances

Circumstances refer to the specific conditions or facts affecting a situation, event, or decision-making process at a given time.

Goodwill

An intangible asset that arises when a business is purchased for more than the fair market value of its net assets, reflecting the value of the business’s reputation, brand, and other unquantifiable assets.