An Organization Plan on Purchasing a Custom Software Product Developed

question 147

Multiple Choice

An organization plan on purchasing a custom software product developed by a small vendor to support its business model. Which unique consideration should be made part of the contractual agreement potential long-term risks associated with creating this dependency?

• A) A source code escrow clause
• B) Right to request an independent review of the software source code
• C) Due diligence form requesting statements of compliance with security requirements
• D) Access to the technical documentation

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Definitions:

Sick Leave

Paid or unpaid time off from work that employees can use during periods of illness or injury.

Bank of Paid Time

A system used by some employers where employees can accumulate paid time off, such as sick leave and vacation time, in a single account.

Preferred Provider Organization

A managed healthcare system in which members are encouraged to use a network of preferred doctors and hospitals for their health care needs, often at lower costs.

Managed Care Plan

A type of health insurance plan that contracts with medical providers and facilities to provide care for members at reduced costs.