Answered: 4. Describe various career…

4. Describe various career opportunities in accounting as well as in Computer Science. Moreover, also discuss how accounting could be an Information System for Business.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter1: Accounting As A Tool For Managers

Section: Chapter Questions

Problem 10Q: Explain how having more than one of the accounting credentials would be beneficial to an accounting...

See similar textbooks

Related questions

Q: Understanding components of a computerized accounting information system Ned Timmons, engineer, is…

A: 1.

Q: Choose the term or phrase below that best completes each statement.a. Accounting c. Recording e.…

Q: 4. Why do you think providers of finance are interested in a company's accounting information? 5.…

A: The accounting information refers to the financial reports produced by the company through…

Q: What can you say about this statement, "Information should be treated as a business resource."

A: Business resources The primary factors of production and inputs into each organization's production…

Q: Before making decisions to invest in a computer-based accounting information system, cite at least 3…

A: Accounting information system can be define as a system which are used by the business enterprise to…

Q: Why accountant needs to understand the transaction processing system of a business?Note: 5-8…

A: A Transaction Processing System is an information system that gathers, saves, changes, and recovers…

Q: Accounting information system (AIS) is an integral part of the total management information system…

A: AIS termed as Accounting information system which includes the processing, collection as well as…

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

Q: You are employed by a business consulting firm as an information systems specialist. You havejust…

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: 1. What is the relationship between accountants and AIS? 2. What are some of the improvements…

A: Accounting information system is used for recording, processing, and reporting the accounting…

Q: What are the possible careers for someone skilled enough in accounting information system

A: The accounting profession has evolved from simple tax preparation and bookkeeping to the advanced…

Q: Identify and discuss several professional organizations that play important roles in preparing…

A: The organizations listed below formulate and execute policies for the interest of investors in the…

Q: Evaluate the importance of accounting for accounting information users.

A: 1. Management 2. Shareholders 3. Creditors 4. Lender 5. Government & Regulators 6. Employees

Q: Which of the following statement is?not?correct? Select one: O a. Accounting is a service-oriented…

A: The correct answer is option c. statement c is not correct.

Q: Why is it important for engineers and managers to understand accounting principles? Name a few ways…

A: Accounting is primarily concerned with identifying, recording, measuring, summarizing transactions…

Q: Why is accounting referred to be an information system? Explain with an example from your own point…

A: Information system is a system which is designed to collect, store and process information for the…

Q: In today's accounting profession, what function does accounting information technology play

A: Meaning of accounting information technology It is a system of collecting, storing and processing…

Q: Why the roles of accountants in businesse requires knowledge of technology and business processes?

A: An accountant plays an important role in the business by analyzing the income and expenditure,…

Q: Chapter 3 of the text focuses on The Accounting Framework, which includes a discussion of the…

A: The company produces financial information as a result of business operations. The financial…

Q: 1. Name some users of accounting information. A group of users can be Business owners, managers,…

A: There are many stakeholders who use accounting information in their decision-making process. The…

Q: w transactions are recorded and reported are created. Why do you need to learn about information…

A: Accounting Information System: Accounting information can be used for other calculations and…

Q: Accounting information system (AIS) is an integral part of the total management information system…

A: The component of the overall business information system known as the accounting information system…

Q: What are the 2 specific advantages of Accounting Information Systems (AIS) to ease accountants in…

A: Accounting information system is the system which collects, stores, records, summarise and report…

Q: Describe how information reduces risk when you make a personal or work-related decision.

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

Q: You've studied about how transactions are documented and reported in your accounting classes. Why…

A: System of Accounting Information: Accounting information may be utilized for more than just reading…

Q: Benji Borke has prepared the following list of statements about accounting information systems.…

A: Accounting: Accounting is the art of recording , classifying , summarizing and interpreting business…

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

A: Accounting Information system is a set of components used for gathering, making, storing, preparing,…

Q: Looking for help with accounting basics, the T structure

A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in…

Q: Consider the use of Integrated Accounting, as a computerized accounting system. Write a discussion…

A: Computerized Accounting System refers to an accounting information system that runs on a software…

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: the importance of accounting in economic activity, explaining its most important functions and the…

A: Accounting is the process of recording financial transactions pertaining to a business. The…

Q: Accounting data is progressively being processed using technology. So, why do we need to learn and…

A: Introduction: Accounting is the process of documenting, measuring, and reporting to interested…

Q: 5.Analyze and explain in your own words who uses accounting information and how they use it.

A: Financial statement means the statement including income statement , balance sheet , cash flow…

Q: As an accountant why do you need to know how to talk to systems designers and developers? What…

A: Accounting information system: Accounting information system can be defined as the use of…

Q: 1. How much of the needed information can be provided by accountants?

A: Accounting is the process that is followed by an enterprise to estimate the financial position of…

Q: In your surrounding search any two2 business and 2 non business organization need accounting. Also…

A: An organisation may involved in various activities. These activities may be business activities or…

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: As an accountant, why do you need to know how to talk to systems designers and developers? What…

Q: Cite one reason why there is a continued evolution of information system and how does this affect…

A: An information system is a set of techniques, hardware, trained people, software, applications,…

Question

4. Describe various career opportunities in accounting as well as in Computer Science.
Moreover, also discuss how accounting could be an Information System for Business.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

Accounting information systems by Gelinas: Why does accountants need to learn about the technical aspects of information systems?
Accounting information systems by Gelinas: As an accountant, why do you need to know how to talk to systems designers and developers? What topics must you able to understand and discuss with them?
Why the roles of accountants in businesse requires knowledge of technology and business processes?Additional Information: 3-5 sentences
Accounting information systems by Gelinas: Why does the accountants need to learn about information systems?
Before making decisions to invest in a computer-based accounting information system, cite at least 3 factors that should be considered first by the managers and owners of business enterprises.
Control Objectives for Information and Related Technology, Why is it important to you in your career in accounting?
You are employed by a business consulting firm as an information systems specialist. You havejust begun an assignment with a startup company and are discussing with the owner her need for anaccounting system. How would you respond to the following questions from the owner?a. What is the meaning of the term accounting system?b. What is the purpose of an accounting system and what are its basic functions?c. Who is responsible for designing and implementing an accounting system?
Give me an introduction paragraph about AI on the Accounting Industry
What are the 2 specific advantages of Accounting Information Systems (AIS) to ease accountants in preparing financial statements.
In your accounting courses, you have learned about how transactions are recorded and reported are created. Why do you need to learn about information systems? Why do need to be able to understand the technical aspects?
What are the possible careers for someone skilled enough in accounting information system?
In yesteryear's accounting world, what role does an Accounting Information System play?