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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

An electronic data interchange (EDI) system may present an organization with opportunities and risks.

  1. a. What opportunities might an EDI system present? Discuss your answer.
  2. b. What risks might an EDI system present? What controls and other responses might an organization choose to address these risks?

a)

Summary Introduction

To determine: The opportunities presented by EDI.

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 opportunities presented by Electronic Data Interchange (EDI):

Electronic Data Interchange (EDI) helps for the efficient data flow between the trading partners...

b)

Summary Introduction

To determine: The risks presented by EDI.

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.

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