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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 primary functions does the AP/CD process perform? Explain each function.

Summary Introduction

To determine: The primary functions performed by 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 primary functions performed by the AP/CD process:

AP/CD process is Accounts Payable/Cash Disbursements process. AP/CD process helps the firm to manage the work habits of the verifying vendor invoices and disbursing payments...

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