The accounting principle that requires 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

Question

Quizplus · Accepted Answer

The principle that requires an accounting information system to report useful, understandable, timely, and pertinent information for effective decision-making is the relevance principle. This principle ensures that the information provided by the accounting system is meaningful and helpful to decision-makers.

The Accounting Principle That Requires an Accounting Information System to Report