Compatibility principle

Control principle

Cost-benefit principle

Flexibility principle

Relevance principle

QS 7-2 Accounting information system principles LO C1

Match each description with the system principle it best reflects.

These are the options.

1. Compatibility principle

2. Control principle

3. Cost-benefit principle

4. Flexibility principle

5. Relevance principle

Description Principle 1. The principle prescribes the accounting information system to help monitor activities 2 The principle prescribes the accounting information system to adapt to the unique characteristics of the company. The principle prescribes the accounting information system to change in response to technological advances and competitive pressures. 3 4. The principle that affects all other accounting information system principles The principle prescribes the accounting information system to provide timely information for effective decision making