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:

Innovation

The process of translating an idea or invention into a good or service that creates value or for which customers will pay.

Minorities

Groups in society distinguished by cultural, ethnic, racial, religious, or linguistic characteristics, often having less power or fewer rights compared to the dominant group.

Majority Viewpoint

The opinion or belief that is held by the greater number of individuals within a group or society.

Dual-process Model

A theory proposing that there are two distinct systems for processing information: one intuitive and fast, and the other analytical and slower.