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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

Distinguish buy-side and sell-side systems.

Summary Introduction

To distinguish: Buy-side and sell-side systems.

Introduction:

OE/S process:

It is known as the order entry/sales process. It describes the first four steps of the order-to-cash process.

Explanation

Buy-side systems:

The buy-side will involve firms that have capital and look to buy the assets. The buy-side will include the management side which makes a decision regarding the assets. The people working in the buy-side must work keeping in mind the interest of the capital owners and make the associated decisions...

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