Accounting Information Systems
Solutions
Accounting Information Systems
What major logical processes does the AP/CD process perform? Explain each.
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.
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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