What Does the Abbreviation "ASP" Stand for When Applied to Accounting

question 11

Multiple Choice

What does the abbreviation "ASP" stand for when applied to accounting information systems?

• A) accounting support program
• B) accounting service provider
• C) accounting support provider
• D) application service provider

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Definitions:

Fundamental Changes

Significant alterations or transformations that affect the basic structure or core functions of an organization, system, or agreement.

Board of Directors

A group of appointed or elected members who jointly oversee the activities of an organization or corporation.

Insider Trading

The trading of a company's stocks or other securities by individuals with access to non-public, material information about the company.

Shareholder

refers to an individual or entity that owns one or more shares of stock in a corporation, thereby holding a portion of ownership.