The accounting principle that requires an accounting information system to report useful,understandable,timely and pertinent information for effective decision-making is the:
A)Control principle
B)Compatibility principle
C)Relevance principle
D)Flexibility principle
E)Cost-Benefit principle

Question

Quizplus · Accepted Answer

The relevance principle requires an accounting information system to report information that is useful and pertinent for effective decision-making. The other principles listed (control, compatibility, flexibility, and cost-benefit) do not specifically address reporting information for decision-making.

The Accounting Principle That Requires an Accounting Information System to Report