The Accounting Principle That Requires an Accounting Information System to Report

question 79

Multiple Choice

The accounting principle that requires an accounting information system to report useful,understandable,timely,and pertinent information for effective decision-making is the:

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

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Definitions:

Self-enhancing

Involves behaviors or thoughts that serve to maintain or increase an individual's self-esteem or positive self-view.

Aggressive

Pertaining to behavior or attitudes that demonstrate hostility or the intent to confront others.

Synchronicity

An acausal connecting principle in which things go together but are not causally linked.

Jungian

Pertaining to the theories and concepts developed by Carl Jung, particularly in relation to the collective unconscious and archetypes.