The Control Principle for Accounting Information Systems Requires That The

question 116

Multiple Choice

The control principle for 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 must have internal controls.
• D) System adapts to changes in the company, business environment, and needs of decision makers.
• E) System conforms to a company's activities, personnel, and structure.

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Definitions:

Generational Period

A length of time associated with a specific generation, often defined by societal shifts or significant events.

Formation

The process of creating or developing something into a particular shape or structure.

Values

Core beliefs and principles that guide an individual's actions and decisions.

Whistleblower

An individual who exposes illegal, unethical, or wrongful practices within an organization to the public or authorities.