The control principle for accounting information systems requires that the:

A、Accounting information systems collect and process data from transactions and events.

B、Accounting information systems organize data in useful forms.

C、Accounting information systems do not establish internal control procedures.

D、Accounting information systems are crucial to effective decision making.

E、Accounting information systems communicate information to business decision makers.

A、Accounting information systems do not establish internal control procedures.

B、Accounting information systems collect and process data from transactions and events.

C、Accounting information systems are crucial to effective decision making.

D、Accounting information systems communicate information to business decision makers.

A、populations are normally distributed.

B、populations have equal means.

C、samples are dependent.

D、population variances are not equal.

A、Recognition principle.

B、Cost principle.

C、Cash basis of accounting.

D、Matching principle.

E、Time period principle.

A、all outcomes must have the same probability of success.

B、the probabilities for all possible outcomes must sum to 1.00.

C、the probability of success must be less than 0.1.

D、the events must be dependent.

Identify the accounting information system principle below that applies to each of these situations. a. Control b. Compatibility c. Relevance d. Flexibility e. Cost-benefit _____ 1. Global Company has designed their accounting information system to be adaptable to changes in technology, the business environment, and the needs of decision makers. _____ 2. Global Company has world-wide operations that must handle several thousand different products, so the accounting information system is fairly complex, encompassing marketing and manufacturing. _____ 3. Global Company's accounting information system has policies to ensure that financial statements will be reliable, assets are protected, and relevant laws and regulations are complied with. _____ 4. Global Company's accounting information system can be improved markedly for a cost of about $30,000,000. However, the incremental benefits from such improvements are not expected to outweigh this cost. _____ 5. Global Company has designed their accounting information system so that key managers can obtain the information they need to make decisions relating to new products, sales, and controlling costs.