Which of the Following Is a Disadvantage of a Prepackaged

question 47

Multiple Choice

Which of the following is a disadvantage of a prepackaged software?

• A) It does not handle processes using industry's best practices.
• B) It requires the organization to change its business processes.
• C) It involves high costs and long implementation time.
• D) It does not include vendor's new features.

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Definitions:

Service Charge

An additional fee added to a customer's bill for the provision of certain services.

Bank Statement Balance

The total amount of money that is available in an individual's bank account at the end of a given period, according to the bank’s records.

Checkbook Balance

The current amount of money recorded in a checking account, according to the account holder's records.

Outstanding Checks

Checks that have been written and recorded in the check register but have not yet been cleared or deducted from the account balance by the bank.