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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: 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 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: The steps of the plan–do–check–act cycle and how each step defines a unique purpose and role for…

A: Strategic management is important in business because it allows a company to discover areas where it…

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: The area of accounting concerned with providing internal users with information is called O a.…

A: There are mainly two types of users of accounting information - the external and . The external…

Q: Differentiate between manual accounting and computerized accounting.

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

Q: Explain the accounting processing cycle.

A:

Q: Describe the steps in accounting processing cycle.

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

Q: Explain the two components of a computerized accounting information system.

A: Computerized Accounting Information System:   Computerized accounting information are software…

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: How do you define an accounting information system and what are its components? Give an example.

A: Introduction: The journal book will have a chronological record of all transactions in the…

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: 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: How does accounting provide important data to a. Internal users b. External users

A: The process by which financial transactions of the business are recorded and communicated with the…

Q: discuss the importance of accounting interdependence in accounting information systems.

A: An Accounting Information System is a system that is used  to collect, process, manage data with…

Q: What are the fundamental concepts of Accounting Information Systems (AIS)? What are the main stages…

A: Introduction: Because you asked numerous questions, we will answer the first one for you. If you…

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: Describe the four business processes in a computerized accounting system.

A: Computerized Accounting system:-It is a system of accounting based on computerized soft wares. It…

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

A: Basic Accounting Concept  Management Information System

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: What are the methods available to the organization to migrate to a system? New accounting…

A: Step 1   Many small businesses start with a basic, inexpensive software package that meets their…

Q: ubject: accounting information system (a) Discuss REA modelling in accounting information systems.…

A: REA Modelling REA was originally projected in 1982 by William E. McCarthy as a generalized…

Q: What are computerized accounting systems?

A: Computerized Accounting System: In the traditional approach, accounting is done as per a manual…

Q: Enumerate some accounting information system input devices and indicate its purpose, including how…

A: Accounting Information system basically involves use of modern computer technology in accounting to…

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: Which of the following options best describes TVU's accounting information system (AIS)? Select one:

A: The answer for the multiple choice question and relevant explanation are presented hereunder :…

Q: What is the first step in the accounting processing cycle? What role do source documents fulfill in…

A: Accounting Processing Cycle: Accounting processing cycle refers to the process of recording a…

Q: Compare between computerized accounting and manual accounting

A: The financial transactions are recorded and presented in the financial statments that makes it…

Q: Which is preferable: implementing a manual accounting information system or implementing a…

A: Manual accounting information system - These are the accounting system in which all the task of…

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: Identify whether each description most likely applies to managerial (M) or financial (F) accounting.…

A:

Q: The following are subsystems of the Accounting Information System, EXCEPTa. Transaction Processing…

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: Human Resources Accounting is a tool of management accounting

A: Human Resources Accounting is the accounting of costs incurred relating to recruitment, retention…

Q: What is better: adopting a manual accounting information system or a computerized accounting…

A: Manual accounting information system - These are the accounting system in which all the task of…