Course Management Software Occurs When the Software Vendor Releases Updates

question 15

True/False

Course management software occurs when the software vendor releases updates to software to fix problems or enhance features.

---

Definitions:

Collections

The process of receiving payments from customers or the amounts collected on outstanding accounts receivable.

Cash Receipts

The total amount of cash collected by a business over a period of time, including revenues and other forms of cash inflows.

Cash Disbursements

Money paid out by a company for various purposes, including operating expenses, investment transactions, and other payouts.

Collections

The process of gathering or accumulating something, often refers to the process of obtaining payments from customers.