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The five basic principles of accounting information are listed on the left. Match each to its definition on the right. Instructions Control principle Relevance principle
The five basic principles of accounting information are listed on the left. Match each to its definition on the right. Instructions Control principle Relevance principle LINE Cost-benefit principle Flexibility principle Compatibility principle accounting information system reports useful, understandable, and timely information. accounting information system conform with a company's activities, personnel and structure. accounting information system be able to adapt to changes in the company and needs of decision makers. benefits from an activity in an accounting information system outweigh the costs of that activity. accounting information system has internal controls
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