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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

Why might you have more trouble assessing the success of a not-for-profit organization or federal government entitlement program than you would have judging the success of a business organization?

Summary Introduction

To determine: Why Person X is having trouble to assess success from a non-profit 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 why Person X is having trouble to assess success from a non-profit organization:

It is given that Person X is having trouble to assess success from a federal government entitlement program or non-profit organization than the success of the business organization. Establishing the objective and determining effectiveness is the measure to success.

For a business organization, the firm can be able to determine effectiveness with the help of market share and profits...

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