Which of the Following Is True of an Effective Accounting

question 88

Multiple Choice

Which of the following is true of an effective accounting information system?

• A)It has little influence in improving a company's internal control activities.
• B)The cost of using an accounting information system is the same for both small and large businesses.
• C)A compatible accounting information system works smoothly with the business's employees and organizational structure.
• D)Large private companies prefer a manual accounting information system since their financial statements are not audited.

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Definitions:

Joint Venture

A business arrangement where two or more parties agree to pool their resources for a specific task or project with shared profits and risks.

Telepresence Technologies

Advanced communication technologies that simulate a user's physical presence in a remote location, improving virtual meetings and collaboration.

Geographically Distant

Being situated far apart in terms of physical distance or location.

Effective Agenda

A well-organized list of topics, questions, or tasks to be discussed or accomplished in a meeting or event, aimed at facilitating productivity and efficiency.