Which of the Following Accounting Principles Prescribes That an Accounting

question 77

Multiple Choice

Which of the following accounting principles prescribes that an accounting information system report useful,understandable,timely,and pertinent information for effective decision-making?

• A)Control principle.
• B)Compatibility principle.
• C)Relevance principle.
• D)Flexibility principle.
• E)Cost-Benefit principle.

Learn how annual cost savings affect the NPV of projects.

Understand the significance of cash inflows and outflows in financial decision-making.

Grasp the impact of intangible benefits and costs on the financial attractiveness of investments.

Learn to compute and interpret the profitability index of investment projects.

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Definitions:

SAT

A uniform exam extensively employed for university entry across the United States, evaluating abilities in reading, writing, and mathematics.

Psychological Laboratories

Specialized settings equipped for conducting research and experimental studies in psychology and cognitive sciences.

Language Ability

Refers to the capacity to understand, produce, and use language effectively for communication.

Binet-Simon Scale

An early tool devised for measuring intelligence, created by Alfred Binet and Théodore Simon.