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- Which of the accounting controls ensure that a company's resources are used efficiently and economically? Select one: a. All of the available choices b. Making use of any payment discounts that are available c. Paying bills on time Od. Bidding for suppliersAnswer the following questions to ponder: 1. When does an accounting information system becomes useful? 2. Research on accounting information systems available on the market and share what you found. 3. What is the relevance of having subsidiary ledgers aside from control accounts?Consider some of the consumer behavior topics for business-to-consumer (B2C) marketing. How might you apply them to business-to-business (B2B) settings? For example, how might non-compensatory models of choice work? Mental accounting?
- Indicate whether the following statements are true or false. 1. A computerized accounting system must be customized to meet a company’s needs. select an option TrueFalse 2. Small companies generally use entry-level programs rather than ERP systems. select an option TrueFalse 3. A manual accounting system provides more timely financial information than a computerized system. select an option TrueFalseWhat type of accounting information might be useful to the marketing managers of a business?Give specific example of Business Analytics application in each of the following : 1. Customer Acquisition 2. Cross sell/Up sell 3. Retention/ Attrition 4. Credit Risk 5. Customer Segmentation 6. Market Basket Analysis 7. Social Network Analysis 8. Fraud Detection 9. Forecasting & Optimization Make a list of the sources
- Consider the use of Integrated Accounting, as a computerized accounting system. Write a discussion post in which you respond to the following prompts: Under what circumstances would it be in a business’s best interest to invest in and use a computerized accounting system? Are there circumstances in which it would make sense to use a manual system? Explain your answer.Which option is better for small business owners, computerized or manual accounting system? Why? Support your answer with proper citations.What is the difference between a Manual and a Computerized accounting system? What is e-commerce and how would e-commerce improve the revenue/ collection cycle?
- Which of the following use financial statement data to make decisions? a. customers c. suppliers b. investors d. all of theseWhy is an accounts receivable ledger or an accounts payable ledger necessary for a business with large numbers of credit customers or large numbers of vendors/suppliers?Studying AIS helps students understand business processes from an accounting perspective. Which of the following activities would commonly be associated with the financing process? Selling goods and services on credit Issuing equity securities Making payments to vendors Hiring employees to work in the finance department