1. What are the four levels of activity in the pyramid representing the business organization ? distinguish between horizontal and vertical flows of information. 2. What is the relationship among data, information and an information system? 3. Distinguish between Accounting Information System (AIS) and Management Accounting System (MIS) 4. What are the characteristics of good or useful information? 5. What are the levels of data hierarchy ? 6. Distinguish the roles of internal and external auditors  7. Distinguish between the centralized and distributed approaches to organizing the IT function.

Q: How can an accounting information system provide management with information for better…

A: Accounting Information System: Accountants, consultants, business analysts, managers, chief…

Q: Use the flowchart above to answer these questions: a. What accounting document is represented by…

A: A flowchart depicts the individual phases of a process in a logical sequence. It is a general tool…

Q: Explain the four levels of activity in the pyramid representing the business organization and…

A: Introduction:  Business is defined as work that involves the exchange or production of goods and…

Q: GENERAL LEDGER/REPORTING SYSTEM. Please explain how each cycles in the business process/transaction…

A: General Ledger Reporting system The preparation of the general Ledger is one of the important…

Q: Describe how accounting is used to track and monitor an organization's primary business operations.

A: Accounting can be categorized into different types like financial, managerial and cost accounting.…

Q: Describe a company's accounting system. Why is this function significant and what does it do? What…

A: Every company involved in carrying out business transactions is required to keep a proper record of…

Q: Which is the main characteristic of Management accounting? a. Helping to achieve organizational…

A: Management accounting: Management accounting refers to the preparation of reports or financial…

Q: Which of the following statements is the best definition of an accounting information system? A. A…

A: It is a systems used for collecting, storing, managing, processing, retrieving and reporting of…

Q: What three roles are played by accountants with respect to the information system?

A: Accounting information System:   It is a system adopted by an organization to store and process the…

Q: Accounting is often referred to as "the language of business." Using research and supporting…

A:

Q: The important information services functions of the general ledger and business reporting (GL/BR)…

A: GL/ BR stands for General ledger and business reporting process which is an interacting structure…

Q: Explain the three principles guiding thedesign of management accounting systems.

A: Management accounting: It is the process of preparing the reports of a business operation helping…

Q: To appreciate Accounting information system, we need to recognize that information is a business…

A: Answer: Yes, we agree with the statement that to appreciate accounting information system, we need…

Q: Why is accounting data so valuable to both within and outside the business stakeholder users and…

A: Stockholders possess shares of the corporation's capital stock. They are the genuine proprietors of…

Q: You are a Management Accountant who will be required to work with the financial accounting system.…

A: Accounting - Accounting is the art of Recording, classifying and summarizing financial information…

Q: How do an organization's business activities and lines of business impact the process of designing…

A: Answer: Solution Concept Accounting information system               The term accounting information…

Q: What impact do a company's activities and business sectors have on the accounting information system…

A: Accounting in the modern environment is done with the help of computers. As businesses are expanding…

Q: How do an organization's activities and lines of business impact the design of an Accounting…

A: Accounting Information Systems or AIS is the system which includes processing, gathering and storing…

Q: 3. Discuss the significance of accounting systems in generating reliable accounting information and…

A: Information systems are very important for the generation of quality accounting information on a…

Q: Use the flowchart for Problem 3 to answer these questions a. What accounting document is…

A: Hey, since there are multiple sub-parts questions posted, we will answer the first three questions.…

Q: Draw a comparison between the formal accounting systems as applied in the formal business sector and…

A: Formal Accounting System Formal Accounting system is a system where all the principles of accounting…

Q: mples where accounting is used as aid in performing the management funct

A: Basic Accounting Concept  Management Information System

Q: How Business Analytics is used in the Accounting

A: Accounting's goals include keeping a systematic record of all financial transactions in a book of…

Q: What is management accounting information used for? taking example

A:

Q: Accounting independence in accounting information system is important. Discuss using examples.

A: Accounting Information System:  A system which collects, stores and gathers information about…

Q: Accounting role of a business organization explained. Whence comes the function, and why is it…

A: Accounting functions involve tracking, storing, documenting, analyzing, summarizing, and reporting a…

Q: A simple way of showing or visualizing how activities and individuals are organized within a…

A:

Q: Financial accounting is the primary source of information needed for decision- making, planning, and…

A: There are several fields or branches of accounting in practice. One of them is financial accounting.…

Q: What effect do a company's business operations and areas of business have on the architecture of its…

A: The following will illustrate how a company's business procedures and areas of business impact the…

Q: What is the basic principles of Accounting Information Systems (AIS)?

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Accounting designed to meet the needs of decision-makers inside the business is referred to as…

A: Lets understand the meaning of management accounting. It is a type of accounting designed to meet…

Q: What are the four levels of activity in the pyramid representing the business organization ?…

A: “Hey, since there are multiple questions posted, we will answer first question. If you want any…

Q: involves the development and 47 interpretation of accounting information intended specifically to…

A: Accounting is the process of collecting the relevant financial information, summarising and…

Q: Use the flowchart to answer these questions:a. What accounting document is represented by symbol…

A:

Q: How do the business processes and lines of business of a company influence the design of its…

A: The business processes and lines of business of a company influence the design of its accounting…

Q: what is accounting information system (AIS)? List and discuss the three sub system of AIS  and…

A: Accounting Information System (AIS) is a one part(subset) of the Management Information System.

Q: Management accounting emphasizes on the roles of reporting for internal users. Discuss.

A: Management accounting is one of the branch of accounting in which decisions are being made on the…

Q: Explain how accounting is used to track and monitor the principal business activities of an…

A: Accounting: Accounting can be defined as the process of identifying, classifying and recording the…

Q: Why does accountants need to learn about the technical aspects of information systems?

A: With the constant advancement in information technology, the accountants too need to have knowledge…