What is the difference between vertical market software and horizontal market software?
What will be an ideal response?
Answer: Vertical market software is designed for a specific profession or industry. Horizontal market software has broader application across many industries.
Explanation: Vertical market software is developed for particular professions or industries. Computer-aided design (CAD) programs for architects are vertical software. Horizontal market software has broader application across many industries. Word processing programs are horizontal software.
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The MACRS differs from straight-line depreciation computed for financial reporting. In this respect, which of the following is not true?
A) The MACRS uses longer asset lives. B) The MACRS ignores residual value. C) The MACRS decreases the income taxes payable in the early years of an asset's life. D) The MACRS accelerates cost recovery.
A financial statement audit is a systematic process of objectively obtaining and evaluating evidence
a. True b. False Indicate whether the statement is true or false
There are no legal requirements that you must leave part of your estate to your spouse
Indicate whether the statement is true or false.
What is the main reason customers are attracted to direct cross-subsidies?
a. they get two products for the price of one b. it eliminates the upfront cost of a product or service c. it is the most cost-effective model d. they rarely calculate the true costs