1.

Distinguish Between ‘ready-to-use’ And ‘tailored’ Accounting Software.?

Answer»

Ready-to-Use Accounting Software :

  1. This software is used in small and conventional BUSINESSES.
  2. Its adapatability is very HIGH. 
  3. Its interface with the other information system is limited. 
  4. It has limited users. 
  5. The installation and maintenance cost is Low. 

Tailored Accounting Software :

  1. This software is used in LARGE and typical businesses. 
  2. Its adaptability is very specific and cannot be used by every business houses. 
  3. Its interface with the other information system is unlimited. 
  4. It has HUGE number of users. 
  5. The installation and maintenance cost is comparatively higher. 

Ready-to-Use Accounting Software :

Tailored Accounting Software :


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