Which of the following is true of software as a service (SaaS)?
A) Firms spend more using SaaS.
B) It refers to software that is made available by a third-party online.
C) Due to US and European legal requirements, there are no accounting and corporate finance implications for SaaS in these regions.
D) Saas firms face diseconomies of scale.
E) SaaS vendors are less attuned to customer needs.

Question

Quizplus · Accepted Answer

SaaS, or Software as a Service, is a software distribution model in which applications are hosted by a third-party provider and made available to customers over the Internet. This model allows users to access software applications remotely without the need for installation or maintenance on their own computers.

Which of the Following Is True of Software as a Service