Principles of an Efficient and Effective Accounting Information System Include

question 138

Multiple Choice

Principles of an efficient and effective accounting information system include all of the following except

• A) cost-effectiveness.
• B) flexibility.
• C) usefulness.
• D) All of these answer choices are principles.

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Definitions:

Productivity

The measure of efficiency in which products, goods, or services are created or delivered compared to the input needed to produce them.

Just-In-Time Operations

An approach to manufacturing and inventory management where materials and products are produced or delivered only as needed, minimizing waste and reducing costs.

Organizational Change

The process through which a company or organization changes its structure, strategies, operational methods, or culture to effect improvement or to keep up with external demands.

Core Competency

Fundamental strength or advantage of an organization or individual that is central to its identity and competitiveness, often reflected in unique skills, technologies, or resources.