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Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
ISBN: 9781337552127

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BuyFindarrow_forward

Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
ISBN: 9781337552127
Textbook Problem

Consider the inventory of a retailer. Describe how the qualities of information presented in this chapter, can help enable the efficiency and effectiveness of the organization?

Summary Introduction

To determine: The way the qualities of information helps to enable the efficiency and effectiveness of the organization.

Introduction:

Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.

Explanation

Determine the way the qualities of information help to enable the efficiency and effectiveness of the organization:

If any of the qualities of information are missing then the efficiency of the retailer can be reduced. If the entered inventory value is inaccurate and not updated then the time will be lost through searching the inventory that is not available...

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