The Principle of an Efficient Accounting System That States That

question 31

Multiple Choice

The principle of an efficient accounting system that states that an accounting system should accommodate a variety of users is

• A) cost-effectiveness.
• B) flexibility.
• C) usefulness.
• D) implementation.

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Definitions:

Comparative Reasoning

Involves assessing similarities and differences among objects, situations, or ideas to reach a conclusion or make a decision.

Comparative Reasoning

A method of making decisions or understanding issues by comparing them to other similar situations.

Comparative Reasoning

A method of reasoning through the comparison of similar cases, instances, or scenarios to draw conclusions or make decisions.

Communal Well

A water well that is shared and used by the members of a community.