The control principle for accounting information systems requires that the:
A) Benefits from an activity outweigh the costs of the activity.
B) System report useful,understandable,timely,and pertinent information for effective decision making.
C) System aid managers in controlling and monitoring business activities.
D) System adapt to changes in the company,business environment,and needs of decision makers.
E) System conform with a company's activities,personnel,and structure.
Correct Answer:
Verified
Q50: A company using the periodic inventory system
Q51: Each transaction recorded in the sales journal
Q55: A columnar journal is any journal with
Q58: To check for accuracy after posting: first
Q59: The purchases journal is identical under both
Q61: Subsidiary ledgers provide all the following benefits
Q62: Source documents:
A)Are input devices.
B)Provide the basic information
Q64: Input devices include:
A)Bar-code readers
B)Printers
C)Software
D)Ledgers
E)Database files
Q66: Information processors:
A) Include information storage.
B) Interpret, transform,
Q72: When a company uses special journals, the
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