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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Generic software is ideal for businesses with low transaction volumes and high adaptability as it provides ready-to-use solutions without heavy customization costs.
Updated On: Feb 5, 2025
- Specific
- Tailored
- ERP Software
- Generic
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The Correct Option is D
Solution and Explanation
1. Generic software is suitable for organizations where the volume of transactions is low and adaptability is high.
2. It is pre-designed, easy to implement, and cost-effective, making it ideal for small businesses or startups.
3. Tailored software is usually meant for businesses with specific needs and may not be necessary for organizations with low transaction volumes.
4. ERP software is designed for large organizations with high transaction volumes, making it unsuitable for this case.
Thus, the correct answer is (D) Generic.
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