The Accounting Principle That Prescribes an Accounting Information System to Report

question 8

Multiple Choice

The accounting principle that prescribes an accounting information system to report useful, understandable, timely, and pertinent information for effective decision-making is the:

• A) Control principle.
• B) Compatibility principle.
• C) Relevance principle.
• D) Flexibility principle.
• E) Cost-Benefit principle.

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Definitions:

Clinical Psychology

A branch of psychology focused on diagnosing and treating mental illness, emotional disturbances, and dysfunctional behavior.

Basic Laws of Behavior

Fundamental principles that describe predictable ways in which organisms learn and behave based on their interactions with the environment.

Cognitive Psychologist

A professional who studies mental processes such as perception, memory, thought, and problem-solving to understand human behavior and cognition.

Darwin's Theory

A scientific theory of biological evolution developed by Charles Darwin, stating that all species of organisms arise and develop through natural selection.