In the Context of Application Software Providers (ASPs), Which of the Following

question 5

Multiple Choice

In the context of application software providers (ASPs) , which of the following is also known as on-demand software?

• A)Assembly software
• B)Software as a service
• C)Software as a product
• D)Systems software

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Definitions:

Consideration Paid

The total amount of money or its equivalent paid or delivered by one party to another in exchange for goods, services, or assets.

Voting Common Stock

A type of equity security that grants the holder the right to vote on corporate matters and receive dividends.

Treasury Stock Approach

A method of accounting for repurchased shares of a company's own stock, treating them as treasury stock and reducing the company's equity.

Noncontrolling Interest

The portion of equity in a subsidiary not attributable to the parent company, representing outside investors' ownership.