Core Concepts of Accounting Information Systems 12th Edition by Carolyn Strand Norman, Mark Simkin

Exercise 7

Low-end accounting software is increasingly complex and sophisticated. However, software costing only a few hundred dollars is not likely to:
a. Provide information to multiple stores where a company operates more than one
b. Include a chart of accounts that users may customize to suit their industry
c. Provide all the information needed to optimize customer and supplier relationships
d. Provide information for budgeting decisions