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:

Sacco-Vanzetti Case

A controversial legal case in the early 20th century in which Nicola Sacco and Bartolomeo Vanzetti, Italian-American anarchists, were convicted of murder and executed, sparking global protests.

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Female human beings, taking into account their roles, rights, responsibilities, and status across various cultures and societies.

Mass-Production

The manufacturing of large quantities of standardized products, often on assembly lines, making goods cheaper and more accessible but also leading to socio-economic changes.

Mass-Culture

A set of cultural values, practices, and goods that are widely shared among a society's population, often spread through mass media.