An accounting information system is said to have good flexib

An accounting information system is said to have good flexibility, if it O A. works smoothly with the business\'s employees and organizational structure O B. safeguards a business\'s assets and reduces the likelihood of fraud and errors C. provides information that will improve decision making and reduce uncertainty O D. accommodates changes in the business over time Click to select your answer

Solution

Answer : D. Accommodat changes in the business over time.

Explanation: There are 5 basic principles of accounting information:

-control principle
-relevance principle
-compatibility principle
-flexibility principle
-cost-benefit principle

Flexibility principle defines that an accounting information system should be able to adapt to the changes taking place in the factors of micro and macro business environment like technological advances, competitive pressures, consumer tastes, lawa and regulations and company police\'s and procedures .