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)Historical cost,relevance,compatibility,timeliness,and cost-benefit.
E)Control,relevance,compatibility,flexibility,and cost-benefit.

Question

Quizplus · Accepted Answer

The five fundamental principles of accounting information systems are control, relevance, compatibility, flexibility, and cost-benefit. These principles ensure that the system provides accurate, timely, and useful information for decision-making while also being cost-effective and adaptable to changes in the business environment. Historical cost and accountability are important concepts in accounting, but they are not considered fundamental principles of accounting information systems.

The Five Fundamental Principles of Accounting Information Systems Are