Which of the Following Is the Main Advantage of Customizable

question 6

Multiple Choice

Which of the following is the main advantage of customizable software over off-the-shelf software?

• A) cost effectiveness
• B) ease of procurement
• C) problem specificity
• D) lower risks
• E) user-friendliness

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Definitions:

Net Cash Flow

The difference between a company's cash inflows and outflows in a given period.

Quality of Income Ratio

A metric that measures the proportion of income that comes from core business operations, indicating the reliability of a company's earnings.

Indirect Method

A way of reporting cash flows from operating activities by adjusting net income for changes in balance sheet accounts.

Operating Activities

Transactions that relate to the primary operations of a company, such as sales and service provision.