When a company is setting up its accounting information system, it is important for management to select:
A)A standard set of computer control mechanisms
B)Only those controls which appear to serve its needs
C)Controls whose benefits exceed their costs
D)b and c only

Question

Quizplus · Accepted Answer

When setting up an accounting information system, it's crucial for management to select controls that specifically serve its needs and where the benefits of implementing these controls exceed their costs. This ensures efficiency and cost-effectiveness in the system's operation.

When a Company Is Setting Up Its Accounting Information System