In Developing an Accounting System Cost Effectiveness Does Not Imply

question 91

Multiple Choice

In developing an accounting system cost effectiveness does not imply that

• A) the benefits obtained from the system outweigh the costs.
• B) an electronic system must be cheaper than the system it is replacing.
• C) the system should be cost effective.
• D) the value of an accounting report should be at least equal to the cost of producing it.

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Definitions:

Cultural Variations

The differences in beliefs, behaviors, and social norms among various cultures, influenced by geographical, historical, and sociopolitical factors.

Implicit Attitude

Unconscious associations and feelings towards people, objects, or concepts that influence one’s thoughts and actions.

Egalitarian

A belief in or promotion of the principle that all people are equal and deserve equal rights and opportunities.

Eye Contact

The act of two individuals looking directly into each other's eyes, which can communicate various feelings or social signals.