When a Company Is Setting Up Its Accounting Information System

question 34

Multiple Choice

When a company is setting up its accounting information system, it is important for management to select:

• A)A standard set of computer control mechanisms
• B)Only those controls which appear to serve its needs
• C)Controls whose benefits exceed their costs
• D)b and c only

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Definitions:

Favorite Aunt

A term often used to describe an aunt with whom one shares a close and favorable relationship, exceeding typical familial bonds.

Absolute Threshold

The minimum intensity of stimulation required to detect a particular stimulus 50% of the time.

Stimulus

A stimulus is something that causes a response or reaction in an organism or in any of its parts.

Just Noticeable Difference

The smallest difference in stimulation that a person can detect 50% of the time, also known as the threshold of sensation.