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:

Duodenum

The first section of the small intestine immediately beyond the stomach, responsible for the initial phase of digestion.

Central Vein

Terminal branches of the hepatic veins that lie centrally in the hepatic lobules and receive blood from the liver sinusoids.

Sinusoids

Specialized, capillary-like vessels that are larger and more permeable, found in certain organs like the liver, spleen, and bone marrow, facilitating blood flow and exchange of nutrients.

Liver

A large vital organ in vertebrates responsible for detoxification, protein synthesis, and biochemical production necessary for digestion and metabolism.