Use of company records would be an example of using __________ data.

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: What is Accounting Information System?

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

Q: Describe the basic accounting information system.

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

Q: describe accounting as an information system

A: Accounting as an Information System An Accounting as an information system is the system of storing,…

Q: When does an accounting information system becomes useful?  What is the relevance of having…

A: 1.When does an accounting information system becomes useful? 2. What is the relevance of having…

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: 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: Why are traditional accounting events such as recording a transaction in a journal or posting to…

A: The traditional accounting events such as recording transaction in a journal not modelled in REA…

Q: Which of the following is a feature of the transaction file? Conceptually similar to the ledger in…

A: A transaction file is the file which contains the list of transactions. It is used to update the…

Q: information would include ........ .

A: External users are people outsidebusiness entity who use accounting information.external users are…

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: ccounting

A: Account analysis would be delving into the specific line items that make up an account.

Q: describe the fl ow of information in an accounting system

A:

Q: Define accounting information system.

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

Q: describe the process of recording business transactions using an accounting system based on the…

A: There are different processes of recording business transactions. One of them is an accounting…

Q: differentiate internal user from external user of accounting information

A: Accounting is the detailed process of recording, classifying, summarising and reporting accounting…

Q: how you will use accounting information both as an internal and an external user?

A: The accounting is a process to classify and record the business transactions and prepare the…

Q: What is an electronic form, and how is it used in a computerized accounting system?

A:

Q: Name some users of accounting information.

A: Accounting is defined as an information system that reports the financial performance of a business…

Q: = does an Accounting Information System play in

A: Accounting Information System (AIS):  It is a system that is designed to collect store and process…

Q: What are source documents? Provide examples of source documents that a business might use.

A:

Q: plogically record a business's

A: To explain the record of business debit and credit transactions.

Q: What is blockchain technology? How might blockchain technology help to change accounting reporting,…

A: Financial reporting means to furnish the financial records or statements prepared by the…

Q: Who will create and maintain the accounting systemthat you use to record routine business…

A: An accounting system is a system utilized in an organization to record transactions. It tends to be…

Q: write an essay about accounting information system

A: Introduction:- Accounting information system used to collect and store all information related to…

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: From the internal parties that the system deals with Accounting information *

A: Basically internal information can be accessed only by the internal users of an organisation. People…

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: Choose the term or phrase below that best completes statement: __________ is the recording of…

A: Account: It can be defined as a record that is maintained in the accounting system to track the…

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: Which of the following is often used as the main repository of a company's historical data (l.e.,…

A: Introduction:- Data plays vital role in every business to take decisions It requires tools that can…

Q: W

A: According to AICPA, "accounting is an art of recording, classifying, summarizing in a significant…

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 different accounting transaction process needs a data warehouse? Why?

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

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: The process of initially recording a business transaction is called

A: Journalizing is the process of recording the financial transactions initially. This is the first…

Q: How does the software Quickbooks relate to accounting?

A: Accounting: It is the recording of financial transaction of the business in a systematic manner and…

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: Explain why there is a trade-off between information accuracy and information timeliness. Give an…

A: Accounting Information System (AIS): The accounting information system is a system that collects,…

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

A:

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

A: