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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

What are the two operations process (effectiveness) goals of the AP/CD process? Provide an example illustrating each goal.

Summary Introduction

To determine: The two operations process goals of the AP/CD process.

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 two operations process goals of the AP/CD process:

First operation process goal is optimizing cash discount. It refers that the organization should accept the discount which is financially advantageous for the firm...

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