Software That Provides Capabilities Common Across All Organizations and Industries

question 75

Multiple Choice

Software that provides capabilities common across all organizations and industries is known as ________ software.

• A) vertical-market application
• B) market-wide
• C) horizontal-market application
• D) generic-application

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Definitions:

Accountant

A professional who performs accounting functions such as audits or financial statement analysis according to established principles.

Embezzlement

The theft or misappropriation of funds or property entrusted to one's care by their employer or another party.

Audit

An inspection or examination of financial records to verify their accuracy and compliance with laws or standards.

Accountant

A professional who performs accounting functions such as audits or financial statement analysis according to established standards.