What does the abbreviation "ASP" stand for when applied to accounting information systems?

Question

Quizplus · Accepted Answer

ASP stands for Application Service Provider in the context of accounting information systems. An ASP is a company that provides software applications to customers over the internet. In the case of accounting software, an ASP might host the software and user data on its own servers and offer access to the software to customers via the internet. This allows businesses to avoid the costs and complexities of hosting, maintaining, and upgrading their own software systems.

What Does the Abbreviation "ASP" Stand for When Applied to Accounting