The Control Principle for Accounting Information Systems Requires That The

question 53

Multiple Choice

The control principle for accounting information systems requires that the:

• A)Benefits from an activity outweigh the costs of the activity.
• B)System report useful,understandable,timely,and pertinent information for effective decision making.
• C)System aid managers in controlling and monitoring business activities.
• D)System adapt to changes in the company,business environment,and needs of decision makers.
• E)System conform with a company's activities,personnel,and structure.

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Definitions:

Solve

The method of identifying a solution or resolution for a mathematical equation or problem.

Inequality

A mathematical statement illustrating the relationship between two expressions that are not equal, using symbols such as <, >, ≤, or ≥.

Absolute Value

The distance of a number from zero on the number line, regardless of direction; denoted by |x|.

Equation

A mathematical declaration that affirms two expressions, usually containing variables, are equal.