Which of the Following Statements Regarding Software Acquisition (Purchase Vs

question 179

Multiple Choice

Which of the following statements regarding software acquisition (purchase vs.in-house development) is false?

• A)software developed in house can cost 10 times more than purchased software
• B)when a suitable software package is available for purchase, it is better to buy it rather than try to reinvent it in-house
• C)the annual maintenance of in-house software is typically 25% of its cost, whereas the annual maintenance of purchased software is typically 50% of the purchase price
• D)none of the statements are false

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Definitions:

Price Of Corn

The cost at which corn is bought or sold, subject to fluctuations based on agricultural trends and economic conditions.

Soybeans

A species of legume native to East Asia, widely cultivated for its edible beans which serve as a significant source of protein and oil.

Dividend

A portion of a company's earnings distributed to its shareholders, usually in cash or additional stock.

Stock

Financial instruments that represent ownership shares in a corporation, giving holders a claim on the company's profits.