AIS can be linked to other areas of study in accounting by focusing on the five generic elements of the AIS. Which of the following is a process that might be studied in management or cost accounting?

Question

Quizplus · Accepted Answer

The process of preparing the master budget is a topic within management and cost accounting, which is one of the areas of study that can be linked to AIS through the five generic elements. Choice A is also related to management and cost accounting, but it is not a process, rather it refers to the components of the master budget. Therefore, the best choice is B.

AIS Can Be Linked to Other Areas of Study in Accounting