An Accounting Information System Should Be Designed to Provide Information

question 44

Multiple Choice

An accounting information system should be designed to provide information that is useful. To be useful the information must be:

• A) qualitative rather than quantitative.
• B) unique and unavailable through other sources.
• C) historical in nature and not purport to predict the future.
• D) marginal between two alternatives.
• E) relevant, accurate, and timely.

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Definitions:

Human Mind

The totality of conscious and unconscious mental processes and activities in a human being.

Television Broadcast

The dissemination of content through television signals to a wide audience, encompassing news, entertainment, education, and more.

Conflict Theory

An outlook on sociology that sees social existence as a contest, concentrating on how resources, authority, and disparity are allocated.

Profit-Generating

Describes activities or operations that result in financial gain, contributing positively to the overall financial health of a business or entity.