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Types of Accounting Software

The level of ...

Question

The level of secrecy is relatively low in accounting software.

A

ready-to-use

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B

tailored

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C

customised

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D

modified

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Solution

The correct option is A ready-to-use
Ready-to-use software is relatively easier to learn, and people (accountant) adaptability is very high. This also implies that the level of secrecy is relatively low and the software is prone to data frauds.

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Similar questions

The level of secrecy is relatively low in _______ accounting software

Q. In ______________ software, the level of secrecy is very low.

[0.88 marks]

Q. Following factors are usually taken in considerations before sourcing accounting software:
1. Flexibility; Cost of Installation and Maintenance; Size of Organisation
2. Ease of Adoption and Training needs; Utilities/MIS reports; Expected Level of Secrecy (Software and Data)
3. Exporting/Importing Data Facility; Vendors Reputation and Capability
4. Recording; Customisation; Ready-to-use; Tailored

Q. Secrecy of data and software can be better maintained in a ______ software.

Q. The secrecy and authenticity checks are robust in ______ softwares, and they offer high flexibility in terms of number of users.

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