The Control Principle for Accounting Information Systems Requires That The

question 112

Multiple Choice

The control principle for accounting information systems requires that the:

• A)Benefits from an activity outweigh the costs of the activity.
• B)System report useful,understandable,timely,and pertinent information for effective decision making.
• C)System must have methods and procedures allowing managers to control and monitor business activities.
• D)System be able to adjust to changes in the company,business environment,and needs of decision makers.
• E)System conforms to a company's activities,personnel,and structure.

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Definitions:

Market Growth Rate

The annual rate of growth of the specific market in which the product competes.

Vertical Axis

In a graph or chart, the vertical line to the left side that typically represents the range of values for the variable measured.

BCG Matrix

A strategic business tool developed by the Boston Consulting Group that classifies business units or products into four categories (Question Marks, Stars, Cash Cows, Dogs) based on their market growth rate and market share.

Graphic Designers

Professionals who create visual content to communicate messages by applying visual hierarchy and page layout techniques, using typography and pictures.