What are the different varieties of COTS software? Give an example for each of them
What will be an ideal response?
Commercial off-the-shelf (COTS) software is software that is ready to be bought, installed, and used. Some COTS software is designed for the mass market, such as Microsoft Office. Others are specialized for a particular business process. For example, SAS offers software for statistical analysis. Much of COTS software is also produced for particular industries with features they need. Practice-web, for example, develops specialty software for dentists. Software as a service, which is also a popular form of COTS software, is an information system that is owned, hosted, and managed remotely by a vendor. Organizations pay subscription fees to access it via the web, based on their own volumes.
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GAAP stands for Generally Accepted Accounting Procedures
a. True b. False Indicate whether the statement is true or false
Jark Corporation has invested in a machine that cost $60,000, that has a useful life of six years, and that has no salvage value at the end of its useful life. The machine is being depreciated by the straight-line method, based on its useful life. It will have a payback period of four years. Given these data, the simple rate of return on the machine is closest to (Ignore income taxes.):
A. 9.5% B. 7.2% C. 8.3% D. 25%
What are contango and backwardation, and why were they important to MGRM's situation? Why is there often backwardation in the oil markets?
What will be an ideal response?
ISDN networks
a. are implemented in the same manner in all countries b. provide no advanced features c. will certainly displace all analog lines d. none of the above