An Accounting Information System Should Be Cost Effective; That Is

question 98

True/False

An accounting information system should be cost effective; that is the benefits of the information must outweigh the cost of providing it.

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Definitions:

Legal Divorce

The formal dissolution of a marriage by a court or other competent body, legally freeing each spouse to remarry if they choose.

Macro-level Reasons

Causes or explanations for phenomena that exist at a broad, societal or systemic level, influencing large populations or structures.

Economic Recessions

Periods of significant decline in economic activity across the economy lasting longer than a few months.

Military Service

A period of training and work that an individual does for their country's armed forces, which can be voluntary or compulsory.