Callow Youth Clothing (CYC)declared bankruptcy in 2007 and has since closed 27 stores,which amounts to over half of its retail outlets.One of the conditions specified for emergence from bankruptcy is a reduction in the cost of operating the firm's accounting information system.Which of the following behavior is most likely to be recommended?

Question

Quizplus · Accepted Answer

Outsourcing system operations is likely to reduce costs by leveraging external expertise and economies of scale, which can be more cost-effective than maintaining an in-house system.

Callow Youth Clothing (CYC)declared Bankruptcy in 2007 and Has Since