A trend in low- and mid-level accounting software is:
A)Most sellers now come from China
B)Decreasing prices for packages
C)Consolidation of vendors
D)The availability of fewer product lines, per vendor
E)Their disappearance, because ERP systems are replacing them

Question

Quizplus · Accepted Answer

Consolidation of vendors is a trend where fewer companies dominate the market, often through mergers and acquisitions, leading to fewer but larger players in the accounting software industry.

A Trend in Low- and Mid-Level Accounting Software Is