The five basic principles of accounting information systems are control, competency, compatibility, flexibility and cost-benefit.
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Q4: With on-line systems, all information storage should
Q5: Accurate source documents are crucial to accounting
Q6: The flexibility principle prescribes that an accounting
Q10: Accounting information systems are so accurate that
Q11: Internal controls include policies to direct operations
Q13: Accounting information systems collect and process data
Q13: Auditors rely on accounting system databases when
Q15: A sales journal is used to record
Q16: A special journal is used to record
Q17: With advanced technology there is no need
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