Accountancy, asked by Trishna6401, 11 months ago

Distinguish between ‘ready-to-use’ and ‘tailored’ accounting software.

Answers

Answered by abhishekgaurav17419
1

Explanation:

The mentioned are the difference between ready to use and tailored accounting software.

Basis of Difference Ready to Use Tailored

Suitable for Small and conventional business Large and typical business

Cost of installation Low High

Level of software and data secrecy Low Relatively high

Linkage to other information system Restricted It is possible

Number of users Limited Unlimited

Training requirement Low High

Adaptability High Specific

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