Which Statement Is True Regarding Canned Software and the SDLC

question 57

Multiple Choice

Which statement is true regarding canned software and the SDLC?

• A) Canned software cannot be modified to meet unique user needs.
• B) Companies that buy, rather than develop, AIS software can still follow the SDLC process.
• C) Most canned software meets all of a company's information or data processing needs.
• D) The SDLC process does not apply to purchasing canned software.

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Definitions:

Liabilities

The financial obligations or debts a company owes to others.

Owner's Equity

The residual interest in the assets of a entity after deducting liabilities, representing what the owners own outright.

Creditors' Risk

The risk faced by lenders that borrowers may default on their debt obligations, potentially leading to financial losses.

Liabilities

Financial obligations or debts that a company owes to others, which must be settled over time through the transfer of economic benefits including money, goods, or services.