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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

Discuss how the inventory process supports the production planning process and the risks to the production process if inventory process control goals are not achieved. Do not limit your discussion to losses from fraud.

Summary Introduction

To determine: The way the inventory process supports the production planning process and its risks if the inventory process control goals are not achieved.

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

Discuss the way the inventory process supports the production planning process and its risks if the inventory process control goals are not achieved:

Inventory critical is the most important thing to enhance the efficiency and effectiveness of the firm and it helps the firm to remain competitive. The organization will be left with unusable products if the inventory level is too high...

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