Which of the following items should be considered in addition to simplicity by managers when designing accounting systems?

Question

Quizplus · Accepted Answer

Managers should consider both cost-benefit balances and behavior implications when designing accounting systems. While simplicity is an important factor, it should not be the only consideration. Cost-benefit analysis helps ensure that the benefits of the system outweigh the costs, while considering behavior implications helps ensure that the system motivates employees to achieve organizational goals. Therefore, a comprehensive approach is needed that considers all three factors.

Which of the Following Items Should Be Considered in Addition