Enter the letter of each system principle in the blank next to its best description. A. Control

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Enter the letter of each system principle in the blank next to its best description.
A. Control principle
B. Relevance principle
C. Compatibility principle
D. Flexibility principle
E. Cost-benefit principle
1. _______ The principle prescribes the accounting information system to change in response to technological advances and competitive pressures.
2. _______ The principle prescribes the accounting information system to help monitor activities.
3. _______ The principle prescribes the accounting information system to provide timely information for effective decision making.
4. _______ The principle prescribes the accounting information system to adapt to the unique characteristics of the company.
5. _______ The principle that affects all other accounting information system principles.


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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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