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:

Daily Journal Narrative

A personal record where individuals document their thoughts, feelings, and experiences on a daily basis, often used for self-reflection and therapy.

New Stories

In narrative therapy, the process of creating alternative narratives or stories about oneself to facilitate healing and positive change.

Solution-Focused Therapy

A short-term therapeutic approach that encourages clients to focus on their desired future outcomes rather than dwelling on past problems or failures.

Brief Therapy

A form of psychotherapy that is characterized by a limited number of sessions aimed at resolving a specific problem or issue.