Off-The-Shelf Software Systems That Cannot Be Modified to Meet the Specific

question 112

Multiple Choice

Off-the-shelf software systems that cannot be modified to meet the specific needs of a particular organization are sometimes called:

• A)custom software systems
• B)in-house developed systems
• C)turnkey systems
• D)standard systems

---

Definitions:

Accounts Receivable

An asset account that records amounts to be received from customers for goods sold or services rendered on credit.

Debit Memorandum

A document issued by a buyer to a seller indicating the amount debited to the seller's account due to returned goods or discrepancies in invoice amounts.

Purchase Amount

The total price paid for goods or services, including taxes and any additional charges.

Financial Statement

A Financial Statement is a formal record of the financial activities and position of a business, person, or other entity, including income statements, balance sheets, and statements of cash flows.