Enumerate some accounting information system input devices and indicate its purpose, including how each is used.

Q: What are the different types of accounting software? Explain.

A: Bookkeeping programming is employed information regarding utility product is basic to the suitable…

Q: Describe rules-based accounting standards.

A: Financial accounting is the process of recording, summarizing, and reporting all the transactions in…

Q: What is data reliance on a task? (relative to Accounting Information Systems)

A: Introduction: Accounting Information system: Accounting An information system is a collection of…

Q: Describe the basic accounting information system.

A: Definition:   Accounting information system: An accounting information system is a system that is…

Q: The accounting process is correctly sequenced as identification, communication, recording.…

A: In the accounting process, firstly the transaction is identified, then it will be recorded and…

Q: Describe the Accounting Processing Cycle.

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

Q: two methods of acquiring accounting information sysytem, and list there disdvantages and advantages

A: Accounting information systems is a system of collection, processing and storage of accounting and…

Q: to be useful, accounting information should be presented using

A: The company will record each and every day to day transactions happened during the operations of the…

Q: What are the five elements/components of Accounting Information System? Describe each

A: An accounting information system or framework (AIS) is a design that a business uses to gather,…

Q: When is the general journal used in a manual accounting information system? Provide some examples of…

A: Accounting information system collects, records, stores and processes accounting data to produce…

Q: Differentiate between manual accounting and computerized accounting.

A: Comparison Chart   BASIS FOR COMPARISON MANUAL ACCOUNTING COMPUTERIZED ACCOUNTING Meaning…

Q: Describe the steps in accounting processing cycle.

A: The accounting cycle is the holistic process of recording and processing all financial transactions…

Q: Describe the goals of accounting standards.

A: Accounting standards are authoritative standards for financial reporting and are the primary source…

Q: The person MOST likely to use management accounting information is a:

A: Management Accounting Managerial accounting is a branch of accounting that is concerned with the…

Q: What purpose is served by the output devices of an accounting system?

A: Output devices: Output devices help in taking the information out of the system and provide it to…

Q: Give instances of judgments that can be backed up by accounting data.

A: Introduction: Accounting information is the financial information about a firm that is beneficial to…

Q: Define accounting information system.

A: Accounting Information System (AIS) is a computer-based system used by decision makers to collect,…

Q: Explain an example of accounting process cycle.

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

Q: Which is better and accurate; manual or * ?computerized accounting system and why

A: Manual accounting system involves physical registers, books of accounts and vouchers for recording…

Q: Users of accounting information can be identified as internal and external users. List two of users…

A: The 4 financial statement A balance sheet is a financial statement that represents the financial…

Q: Some principles should be followed in the development of an accounting information system. Identify…

A: The principles that should be followed in the development of Accounting information systems are…

Q: Identify the following users of accounting information as either an (a) external or (b) internal…

A: External users of accounting information are those persons which are external to the organisation…

Q: What is accounting information system and what is its components and explain.

A: All the transactions in the company will be recorded in the journal book in a chronological manner.…

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: give example ofcativity based accounting and also write a memo

A: Activity-Based Accounting is a way of analyzing and then settling overhead costs by allocating the…

Q: List and explain various functions of accounting.

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

Q: Explain the three basic components of an accounting information system?

A: Accounting information systems: Accounting information system is a system that collects, stores,…

Q: Identify the qualitative characteristics of accounting information.

A: Definition: Users of financial information: People who rely on accounting information to make the…

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

A:

Q: Identify four kinds of external users and describe how they use accounting information.

A: External users of accounting information are those users which are from outside the organization and…

Q: Accounting deals with quantifiable information.

A: Accounting means recording the financial transactions and converting them into reports to the…

Q: Describe the major constraint inherent in the presentation of accounting information.

A: Accounting information:   Accounting information refers to that information which is concluded from…

Q: Components of an accounting information system Measures working people hardware all of the above

A: The accounting information systems records and process both the financial and non financial…

Q: Examples of Accounting Information System

A: Accounting Information Systems help in the completion of duties related to budget analysis. An…

Q: The users of accounting information can be classified into internal and external users. Clearly…

A: Accounting information is the information related to the concepts of accounting which are to be used…

Q: Some guidelines should be followed while creating an accounting information system. Each of the…

A: The following concepts should be followed in the creation of Accounting information systems: The…

Q: What are the steps involved in the preparation of Accounting Software.

A: Accounting software is developed to record and report a firm's financial transaction in a more…

Q: pros and cons of both computerized and manual accounting systems.

A:

Q: When are transactions posted in a computerized accounting system?

A:

Q: For each of the following, indicate if the statement reflects an input component, output component,…

A: Accounting Information System:   It is a structural framework used by business to collect, store,…

Q: Explain accounting process cycle.

A: Accounting Cycle: The accounting cycle refers to the process of recording a business transaction in…

Q: explain the fundamental qualities of accounting information

A: Accounting data would be supplied into an accounting information system, which processes data using…

Q: Answe these questions in relation to accounting packages systems

A: Here discuss about the details of the sage Pastel software for the Accounting and uses to kept…