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Fundamental Principles of Accounting Information Systems

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Select the correct definition of the control principle.

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1. Identify the correct definition of internal controls.

2. Select the goal of an accounting information system.

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About This Quiz & Worksheet

The worksheet/quiz combo is available to help you check your knowledge of fundamental principles of accounting information systems. What internal controls are and what the control principle states are two of the topics addressed on the quiz.

Quiz & Worksheet Goals

You'll get to test your familiarity with:

  • The goal of an accounting information system
  • The principle that sanctions the use of dashboards and flash reports
  • Definition of 'internal controls'

Skills Practiced

  • Defining key concepts - ensure that you can accurately define main phrases, such as internal controls and the control principle
  • Information recall - access the knowledge you have gained to pick out what using passwords and physical inventories are examples of
  • Reading comprehension - ensure that you draw the most important information from the lesson on the fundamental principles of accounting information systems

Additional Learning

See what else you can learn by using the lesson called Fundamental Principles of Accounting Information Systems. Supplementary topics you can look over include:

  • What the compatibility principle states
  • Requirements of the cost-benefit principle
  • How the flexibility principle allows for organizational change
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