When an Organization Seeks to Modify Canned Software,it Is Best

question 37

Multiple Choice

When an organization seeks to modify canned software,it is best when ________ because unauthorized modifications may make the program unreliable.

• A) the vendor modifies the software
• B) a firm changes its business processes, not the software
• C) only programmers with software experience modify the software
• D) all of the above

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Definitions:

Owner's Capital

The amount of equity a business owner has invested in the company, reflecting the difference between the company's assets and liabilities.

Credit Balance

A condition where the sum of credits in an account exceeds the sum of debits, often signaling a net liability or income.

Liability Account

An account on a company's balance sheet that represents obligations or debts that the company is responsible for repaying.

Error

An unintentional mistake in financial records or transactions, which can result from miscalculations, misunderstandings, or misinterpretations of financial data.