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:

Votes

Expressions of choice or preference made by individuals or groups in a decision-making process, typically within an electoral context.

Making Speeches

Making speeches involves delivering oral presentations to an audience, aiming to inform, persuade, or entertain through spoken communication.

Priceless Moments

Experiences or events that hold immense emotional value, considered irreplaceable and beyond monetary worth.

Figurines

In economics, this term does not carry a specific meaning and is likely referred to collectible or decorative small statues in discussions on consumer behavior or niche markets.