If a Company Decides to Buy or Lease an EC

question 34

Multiple Choice

If a company decides to buy or lease an EC application,the EC package's degree of ________ needs to be considered to evaluate the extent to which the package can be adapted and the willingness of the vendor to perform or support the adaptation.

• A)flexibility
• B)user friendliness
• C)usability
• D)proprietary software

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Definitions:

Liquidating Distributions

Payments made to shareholders or partners by a corporation or partnership as it dissolves, distributing its assets.

Computer Equipment

Devices and systems used in the operation, management, and functionality of computers, including both hardware and accessories.

Tax Consequences

The effect of financial transactions on an individual's or entity's tax liability.

Recognize Gain

The process by which an individual or entity reports the profit earned from the sale of an asset that has increased in value over its purchase price.