The five fundamental principles of accounting information systems are:
A)Control,accountability,relevance,compatibility,and flexibility.
B)Control,relevance,compatibility,flexibility,and cost-benefit.
C)Control,relevance,compatibility,flexibility,and safety.
D)Control,relevance,compatibility,timeliness,and cost-benefit.
E)Historical cost,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 information provided by the system is accurate, timely, and useful for decision-making while also being cost-effective and adaptable to changes in the business environment. Choice B is the only option that includes all five principles.

The Five Fundamental Principles of Accounting Information Systems Are