Please explain why it is critically important for you to identify sources of information in both academic and business environments. Provide examples of possible consequences (both environments) when sources of information are not identified. (Minimum 200 words)
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Please explain why it is critically important for you to identify sources of information in both academic and business environments. Provide examples of possible consequences (both environments) when sources of information are not identified. (Minimum 200 words)
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- THEORY PROBLEM Explain why accounting students should study Accounting Information Systems? Explain the Value Chain and also explain how Information Technology plays an important role in the Value Chain. Briefly describe the types of users of the SIA and what are the benefits of the output of the AIS for their work or profession? One of the characteristics of useful information is that it must be timelines and complete. Which is more important, timely but incomplete information, or complete information, but too late? Give an example! Briefly describe the purpose of internal control and provide an example of an internal control application for that purpose!Enter the letter of each system principle in the blank next to its best description. A. Control principle C. Compatibility principle E. Cost-benefit principle B. Relevance principle D. Flexibility principle 1. The accounting information system helps monitor activities. 2. The accounting information system conforms to the company’s business activities. 3. The accounting information system changes in response to technological advances and competitive pressures. 4. Affects all other accounting information system principles. 5. The accounting information system provides timely information for effective decision making.Accounting educators are discussing ways to incorporate communication skills, both oral and written,into accounting information systems courses. Why do you think these skills are supposed to be crucial forproper execution of the System Development Life Cycle?
- Answer the question correctly. Thank you. What do you believe to be the primary advantage that human accountants have over many accounting software programs that are in use today? Please answer in 2 paragraphs. Do not be redundant in answering.Explain the phrase, “Management’s stewardship” (If your answer is cited on sources like books or the internet, indicate your source(s) in APA format.)create a word problem using polya's problem solving, step by step. With the chosen topic " accounting" (example: Interest is the topic) You have to base the problem in the chosen topic
- Which of the following statements is the best definition of an accounting information system? A. A framework that uses computers to produces financial statements B. A framework that coordinates resources (components) needed to convert information into data in order to achieve objectives C. The management information system that generates various reports for management decisions D. A framework that coordinates resources (components) needed to convert data into information for decision makingfind an article in the field of business and critically evaluate the different sections and methodology used. You will need to critically discuss each section and then provide your thoughts and ideas on themethodology, data collection and presentation of the results.Need assistance I am trying to get an example on how I would explain this to a group Explain some management accounting methods and how your report and the data it represents adhere to industry standards and the AICPA code of ethics.
- Match each of the principles and phases in the development of an accounting system with the statement that best describes them. 1. Information must be understandable, relevant, reliable, timely, and accurate. FlexibilityCost effectivenessUseful output 2. Benefits of information must outweigh the cost of providing it. Cost effectivenessUseful outputFlexibility 3. The system should accommodate a variety of users and changing information needs. Cost effectivenessFlexibilityUseful output 4. The accounting system must consider the needs and knowledge of various users. FlexibilityCost effectivenessUseful output 5. The system should be capable of meeting the changes in the demands made upon it.…Match each of the numbered descriptions with the principle, component, or descriptor that it best reflects. Indicate your answer by entering the letter A through J in the blank provided. A. Control principle B. Relevance principle C. Compatibility principle D. Flexibility principle E. Cost-benefit principle F. Source documents G. Input devices H. Information processors I. Information storage J. Output devices 1. Capture information from source documents and transfer to information processing. 2. Keeps data accessible to information processors. 3. Systems that summarize information for use. 4. Means to take information out of an accounting system and make it available to users. 5. Provide the information processed by the accounting system. 6. Prescribes that benefits from an activity in a system outweigh the costs. 7. Prescribes that a system be adaptable to changes in the company, environment, and user needs. 8. Prescribes that a system conform with a company’s activities, personnel,…Give me a conclusion paragraph about the impact of AI in Accounting
