Question:
Which type of software package is suitable for an organization where the volume of accounting transactions is very low and adaptability is very high?
Which type of software package is suitable for an organization where the volume of accounting transactions is very low and adaptability is very high?
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When selecting software, consider both the volume of transactions and the level of customization required. Generic software is ideal for low complexity and adaptable use cases.
Updated On: Jan 29, 2025
- Specific
- Tailored
- ERP Software
- Generic
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The Correct Option is D
Solution and Explanation
A Generic software package is suitable for organizations where the volume of transactions is low and adaptability is high because these software Solutions are designed to cater to general requirements without customization. They are cost-effective, easy to implement, and sufficient for basic accounting needs in such cases.
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