Asked by Giovanni Montano on Jun 07, 2024
Verified
Principles of an efficient and effective accounting information system include all of the following except
A) cost effectiveness.
B) flexibility.
C) useful output.
D) All of these answer choices are principles.
Accounting Information System
A system designed to collect, store, and process financial and accounting data, and produce informational reports for decision making.
Cost Effectiveness
Evaluation of how efficiently resources are used to achieve a goal, usually expressed in cost per unit of outcome.
Useful Output
The amount of goods or services produced that meet the quality and functionality requirements.
- Identify the principles and phases in the development of an accounting system.
Verified Answer
Learning Objectives
- Identify the principles and phases in the development of an accounting system.
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