The Flexibility Principle of Accounting Information Systems Requires That The

question 69

Multiple Choice

The flexibility principle of 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.

---

Definitions:

Oversight

The supervision or watchful management over activities or organizations to ensure adherence to laws, guidelines, and standards.

Gatekeepers

Individuals or entities that control access to information or resources, acting as intermediaries who can influence the flow of information or the decision-making process.

Accountants

Professionals responsible for managing and examining financial records, ensuring accuracy, and compliance with laws.

Violations of the Law

Actions or conduct that breach the rules or statutes prescribed by legal authority.