When categorizing the accounting software market, a company with revenue of $8 million would most likely purchase software from which segment?
A)Small company
B)Midmarket
C)Beginning ERP
D)Tier 1 ERP

Question

Quizplus · Accepted Answer

A company with revenue of $8 million would have outgrown small business accounting solutions and may seek more advanced features and functionality offered by midmarket accounting software. Beginning ERP would also not be necessary for a company of this size, and Tier 1 ERP would likely be too complex and expensive.

When Categorizing the Accounting Software Market, a Company with Revenue