Which of the following statements is false?
A) The same basic principles of accounting apply whether the accounting information system is manual or computerised.
B) Generally small entities require much more sophisticated accounting systems than large entities.
C) Cost-effectiveness is a basic principle underpinning efficient and effective accounting information systems.
D) Cost-effectiveness means that the costs of providing information are less than the benefits from use of that information.

Question

Quizplus · Accepted Answer

Generally, small entities require less sophisticated accounting systems than large entities.

Which of the Following Statements Is False