To Ensure Compliance with Copyrights and to Protect Itself from Software

question 62

Multiple Choice

To ensure compliance with copyrights and to protect itself from software piracy lawsuits,companies should ________.

• A)periodically conduct software audits
• B)update the operating system frequently
• C)buy software from legitimate suppliers
• D)adopt cloud operating platforms

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Definitions:

Reporting Entity Concept

An accounting principle that identifies the entity for which financial statements are prepared, distinct from its owners, managers, or other entities.

Business Organizations

Various legal structures used by entities to conduct business, including sole proprietorships, partnerships, corporations, and cooperatives, each with distinct rules, liabilities, and taxation policies.

Corporation

A legal entity that is separate and distinct from its owners, providing the owners with limited liability.