An Effective Accounting Information System That Provides Relevant Information ________

question 76

Multiple Choice

An effective accounting information system that provides relevant information ________.

• A) increases the likelihood of fraud and errors
• B) reduces the cost of employing an accounting information system
• C) improves decision making and reduces uncertainty
• D) improves the accuracy of data entry when manual

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Definitions:

Stock Plan Types

Various programs offered by companies to employees, allowing them to purchase company shares at favorable terms, such as Employee Stock Ownership Plans (ESOPs) or Stock Option Plans.

Suggestion Systems

Formal mechanisms within organizations where employees can propose ideas or improvements, often aimed at increasing efficiency or solving problems.

Problems

Challenges or obstacles that need to be addressed or resolved.

Executive Compensation

The package of pay and benefits awarded to senior executives, including salaries, bonuses, stock options, and other perks.