One of the Advantages of Off-The-Shelf Software Is That

question 66

Multiple Choice

One of the advantages of off-the-shelf software is that:

• A) an organization does not have to pay for features that are not required and never used.
• B) ​the software always matches current work processes
• And data standards.
• C) the initial cost is lower because the software firm can spread the development costs over many customers.
• D) the software contains important features, thus
• Eliminating the need for future modification
• And customization.

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Definitions:

Overhaul

A comprehensive inspection, maintenance, and repair process to restore equipment, machines, or systems to optimum working condition.

Extraordinary Repairs

Large, infrequent expenditures that extend the useful life of an asset beyond its original forecast.

Straight-Line Method

The straight-line method is a depreciation technique that allocates an equal amount of depreciation each year over the useful life of an asset.

Accumulated Depreciation

The total depreciation of a tangible asset up to a specific date, reducing its book value.