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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 major logical processes does the AP/CD process perform? Explain each.

Summary Introduction

To determine: The major logical processes performed by 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

The following are the major logical processes performed by AP/CD process:

  • AP/CD process is Accounts Payable/Cash Disbursements process. AP/CD process records the payments and vendor invoices in vendor subsidiary ledgers...

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