Concept explainers
Indicate the facility which the software costing only a few hundred dollars in not likely to provide.
Answer to Problem 1TY
Option c
Explanation of Solution
Integrated Accounting Software: The accounting software, where several separate accounting processes are bundled in the same package, is referred to as an integrated accounting software. Most types of accounting transaction can be processed by this software.
Option c: Though this is less expensive, many small businesses does not know to use this software, and obtain the greatest value from these products. So, all the information that are needed to optimize supplier and customer relationships is not provided by this software. Hence, this is the correct option.
As per the above explanation, the other options are not correct and therefore, the facility which the software costing only a few hundred dollars in not likely to provide is option c. provide all the information needed to optimize customer and supplier relationships.
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