Cara Is Looking to Purchase New Software and Is Educating

question 22

Multiple Choice

Cara is looking to purchase new software and is educating herself about software distribution and licensing. Cara learns that all of the following are true about software licensing and distribution, EXCEPT: ____.

• A) SaaS is one of the fastest growing segments of the IT industry.
• B) A Web application requires a specific operating system.
• C) Generally, updates are available free of charge.
• D) If you reject the EULA, the software installation does not continue.

---

Definitions:

Expense Account

An account used to record expenses in accounting, representing money spent or costs incurred in an entity's operations to generate revenues.

Closing Journal Entries

Entries made at the end of an accounting period to transfer the balances in temporary accounts to permanent accounts, preparing the books for the next period.

Dividends

Funds distributed to shareholders by a company, typically from its earnings.

Retained Earnings

The portion of a business's profits not distributed to shareholders but reinvested in the business or kept as a reserve.