One of the Major Disadvantages of Application Service Providers (ASPs)is

question 71

Multiple Choice

One of the major disadvantages of application service providers (ASPs) is that they:

• A)are highly expensive and deliver information at a slow rate.
• B)do not guarantee that applications will fully meet an organization's needs.
• C)do not provide any level of technical support to an organization.
• D)often fail to keep applications up to date despite users' requests.

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Definitions:

Depreciation

The accounting method of allocating the cost of a tangible or physical asset over its useful life.

Financial Statements

These are formal records of the financial activities of a business, person, or other entity, providing an overview of a financial position at a point in time.

Remitting Profits

The process of sending back earnings to a company's home country or investors.

Long-Run Exposure

The risk faced by investors or companies that emerge from long-term financial decisions or market conditions.