Control, competency, compatibility, flexibility and cost-benefit are the five basic principles of accounting information systems.
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Q15: A sales journal is used to record
Q16: A special journal is used to record
Q17: With advanced technology there is no need
Q18: Decision makers in practice do not need
Q19: The flexibility principle prescribes that an accounting
Q21: Two common subsidiary ledgers are cash receipts
Q22: Enterprise resource planning software packages include the
Q23: An advantage of online processing is that
Q24: Subsidiary ledgers are not needed in perpetual
Q25: Equipment, inventory, and investments are other accounts
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