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Danielle Esposito
on Oct 20, 2024

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The accounting principle that prescribes an accounting information system conform with a company's activities, personnel, and structure is the:

A) Control principle.
B) Compatibility principle.
C) Relevance principle.
D) Flexibility principle.
E) Cost-Benefit principle.

Accounting Information System

A system designed to collect, store, manage, process, retrieve, and report financial data for decision making.

Flexibility Principle

In accounting, it refers to the principle that financial reporting and its practices should be flexible enough to adapt to changes in the business environment or in accounting standards.

  • Comprehend the foundational principles that dictate the design and functioning of accounting information systems.
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Daniela CastañoOct 21, 2024
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