The control principle for accounting information systems requires that the: ( )
A. Benefits from an activity outweigh the costs of the activity.
B. System conforms to a company's activities, personnel, and structure.
C. System must have internal controls.
D. System adapts to changes in the company, business environment, and needs of decision makers.
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Revenues are decreases in equity from a company's earning activities. ( )
Source documents provide evidence of business transactions and are the basis for accounting entries. ( )
Increases in liability accounts are recorded as credits. ( )
Transactions are first recorded in the ledger. ( )