Your Firm Needs to Implement Electronic Timesheet Software and Needs

question 65

Multiple Choice

Your firm needs to implement electronic timesheet software and needs to keep within a small budget. Which of the following would be the most costly method of implementing this new software?

• A) purchasing a software package
• B) programming the new software in-house
• C) leasing the software over the Internet
• D) outsourcing the software programming to an overseas vendor

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Definitions:

Roman Civil Law

A legal system originating from Ancient Rome, featuring codified laws and emphasizing legal principles over judicial decisions, foundational to many modern legal systems.

Law of Equity

A body of law that supplements formal statutes with principles of fairness, justice, and conscience in legal judgments and remedies.

Law Merchant

Rules developed by the merchant guilds and the source of common law relating to negotiable instruments such as cheques and promissory notes.

War-Crimes Trials

Legal proceedings conducted to prosecute individuals accused of violating laws and customs of war.