The Five Fundamental Principles of Accounting Information Systems Are

question 82

Multiple Choice

The five fundamental principles of accounting information systems are:

• A) Control, accountability, relevance, compatibility, and flexibility.
• B) Historical cost, relevance, compatibility, flexibility, and cost-benefit.
• C) Control, relevance, compatibility, flexibility, and safety.
• D) Control, relevance, compatibility, timeliness, and cost-benefit.
• E) Control, relevance, compatibility, flexibility, and cost-benefit.

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Definitions:

Information Overload

A situation where an individual is exposed to more information than they can process, leading to stress or decision paralysis.

Neuroticism

A personality trait associated with negative emotional states such as anxiety, depression, and vulnerability.

Negative Affectivity

A personality trait characterized by the predisposition to experience negative emotions and mood states.

Knew-It-All-Along Effect

A cognitive bias where people believe, after an event has occurred, that they predicted or knew the outcome beforehand.