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Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
ISBN: 9781337552127

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Chapter
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BuyFindarrow_forward

Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
ISBN: 9781337552127
Textbook Problem

Describe how the processing of noninvoiced disbursements is handled in (a) a “true” voucher system and (b) a nonvoucher system.

a)

Summary Introduction

To determine: The way the processing of non-invoiced disbursement is handled in a true voucher system.

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

Describe how the processing of non-invoiced disbursements is handled in a true voucher system:

The above figure describes the way the processing of non-invoiced disbursements is handled in a true voucher system. The payment request will be raised by the originating department...

b)

Summary Introduction

To determine: The way the processing of non-invoiced disbursement is handled in non-voucher system.

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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