Consider the following two statements about the use of cloud accounting by small businesses
(1) Cloud accounting provides the user with limited access but better security systems.
(2) Cloud accounting suppliers provide software updates but users are responsible for back-ups
Which of the following is correct as regards these two statements
A. Statements (1) and (2) are both accurate
B. Statement (1) is accurate but statement (2) is inaccurate
C. Statement (2) is accurate but statement (1) is inaccurate
D. Statements (1) and (2) are both inaccurate