Which of the Following Is True of Software as a Service

question 32

Multiple Choice

Which of the following is true of software as a service (SaaS) ?

• A) Firms spend more using SaaS.
• B) It refers to software that is made available by a third-party online.
• C) Due to US and European legal requirements, there are no accounting and corporate finance implications for SaaS in these regions.
• D) Saas firms face diseconomies of scale.
• E) SaaS vendors are less attuned to customer needs.

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Definitions:

In-House

Refers to activities or operations conducted within a company by its own staff or resources, rather than being outsourced to external entities.

First-Impression Error

A type of judgment bias where an initial impression about a person affects the evaluator's perception of subsequent information.

Job Requirements

The qualifications, skills, and experience deemed necessary for a person to perform a particular job.

Legal Issues

Disputes or controversies that arise in the interpretation and application of laws.