When Choosing Off-The-Shelf Software,the Two Most Important Criteria Are Functionality

question 45

True/False

When choosing off-the-shelf software,the two most important criteria are functionality and ease of installation.

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Definitions:

Unearned Revenue

Money received by a business for services or products yet to be delivered or provided; considered a liability until the service or product is delivered.

Utilities Expense

The cost incurred by a business for the consumption of utilities services like electricity, gas, water, and sewage.

Accounts Payable

Liability accounts representing the amounts owed by a company to its suppliers or creditors for goods and services received.

General Journal

A journal used in accounting that records all day-to-day financial transactions in chronological order.