What Type of Software Allows a Team to Share Resources

question 60

Multiple Choice

What type of software allows a team to share resources and contribute content to increase efficiency and effectiveness?

• A)productivity software
• B)on-demand software
• C)collaborative software
• D)mobile application software

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Definitions:

Accounts Receivable

A financial record representing the money owed to a company by its customers for goods or services delivered on credit.

Profitability Ratio

A category of financial metrics used to assess a business's ability to generate earnings relative to its revenue, assets, equity, or other financial aspects.

Payout Ratio

A financial metric indicating the proportion of earnings a company pays to its shareholders in dividends, expressed as a percentage of the company's net income.

Times Interest Earned

Times Interest Earned is a financial metric that measures a company's ability to meet its interest obligations, calculated as earnings before interest and taxes divided by interest expense.