Multiple Choice
The cost/benefit constraint mentioned in the FASB conceptual framework is important in all areas of accounting. Which of the following is a cost that should be considered in many AIS tasks?
A) Producing financial statements more quickly.
B) Basing decisions on more accurate information.
C) Considering the effects of decisions on human behavior.
D) Memorizing the rules for preparing financial statements.
Correct Answer:
Verified
Correct Answer:
Verified
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