An Accounting Information System Is Said to Have Good Compatibility,if

question 78

Multiple Choice

An accounting information system is said to have good compatibility,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) accommodates changes in the business over time

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Definitions:

Logistics

The process of planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and related information from point of origin to point of consumption.

Marketing

The activities, strategies, and processes used to promote and sell products or services to a target audience.

Customer Profitability Analyses

The method of determining the profit margin and overall profitability of individual customers to guide business strategies.

Gross Sales

The total revenue generated from sales of goods or services before any deductions are made, such as returns, allowances, and discounts.