IIA IIA-ACCA - ACCA CIA Challenge Exam

An organization facing rapid growth decides to employ a third party service provider to manage its customer relationship management function. Which of the following is true regarding the supporting application software used by that provider compared to an in-house developed system?

1. Updating documentation is always a priority.

2. System availability is usually more reliable.

3. Data security risks are lower.

4. Overall system costs are lower.