1.

Explain Ready-to-use Software?

Answer»

This type of software is readily available in the market with prescribed and standard features. This accounting software is BASICALLY used by the small-size business enterprises, where the number of transactions is not so LARGE. The cost of its installation and maintenance is ALSO low. It has limited number of users. Its adaptability is very high as it is relatively easier to LEARN and OPERATE. It does not have a wide scope to link it with other information systems. 

This type of software is readily available in the market with prescribed and standard features. This accounting software is basically used by the small-size business enterprises, where the number of transactions is not so large. The cost of its installation and maintenance is also low. It has limited number of users. Its adaptability is very high as it is relatively easier to learn and operate. It does not have a wide scope to link it with other information systems. 



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