Which is a key feature of local applications used in finance?

The selection of specific-purpose software as a key feature of local applications used in finance is appropriate because local applications are often designed to meet the specific needs of users within a particular organization or industry. These applications are tailored to perform certain functions, such as accounting, financial analysis, or reporting, rather than being generalized tools that serve a wide range of purposes. This focus allows users to leverage specialized functionality that is optimized for their particular financial processes and requirements.

In contrast, online collaboration tools and integration with cloud services are features more commonly associated with web-based or cloud applications, which aim to enhance flexibility, convenience, and teamwork through access from various devices. Remote access capabilities also align more closely with cloud or web applications, allowing users to connect to systems from different locations, which is not typically a characteristic of local applications.