An accounting information system should be designed to provide information that is useful. To be useful the information must be:
A) qualitative rather than quantitative.
B) unique and unavailable through other sources.
C) historical in nature and not purport to predict the future.
D) marginal between two alternatives.
E) relevant, accurate, and timely.

Question

Quizplus · Accepted Answer

Relevant, accurate, and timely information is essential for decision-making in accounting. It ensures that users of the information can rely on it to make informed decisions, reflecting the primary purpose of an accounting information system.

An Accounting Information System Should Be Designed to Provide Information