An Accounting Information System Is Said to Be Relevant If

question 98

Multiple Choice

An accounting information system is said to be relevant if it:

• A)works smoothly with the business's employees and organizational structure.
• B)safeguards a business's assets and reduces the likelihood of fraud and errors.
• C)provides information that will improve decision making and reduce uncertainty.
• D)can accommodate changes in the business over time.

---

Definitions:

Forecast Sales

The process of predicting future sales volumes based on historical data, trends, and market analysis.

Customer Orders

Requests made by customers for a company’s goods or services, which are then fulfilled and delivered, forming the basis of the company's sales operations.

Product Life Cycle

The stages that a product goes through from introduction to growth, maturity, and eventual decline as market conditions and consumer preferences evolve.

Demand Strategy

Approaches businesses use to increase demand for their products or services, often through marketing and innovation.