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1. What are the four levels of activity in the pyramid representing the business organization? Distinguish between horizontal and vertical flows of information.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter7: Accounting Information Systems

Section: Chapter Questions

Problem 28MC: Big data is mined ________. A. to find business trends B. to record transactions C. as an...

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Question

Question based on Accouting Information System (AIS)

1. What are the four levels of activity in the pyramid
representing the business organization? Distinguish
between horizontal and vertical flows of information.
3. What is the relationship among data, information,
and an information system?
3. Distinguish between AIS and MIS.

Definition Definition Structural system an enterprise uses to collect, store, report, retrieve, and process financial data. Accounting information systems are used by business analysts, auditors, accountants, and consultants for accurate and efficient access to financial data.

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