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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

Table 15.1 (pg. 585) presents a summary of trends in cost management and cost accounting that have occurred during the past two decades.

  1. a. Which trends do you consider most significant? Explain your answer.
  2. b. The first footnote to Table 15.1 indicates that additional cause-and-effect relationships could be shown between the items in the right column and those in the left column. Give several examples (with explanations) of those other relationships.

a)

Summary Introduction

To determine: The most significant trends.

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 most significant trends:

Factory automation would provoke the cost accountant to improve new techniques to charge and collect the cost data, as it would decrease the labor overhead and increase the manufacturing overhead.

In a manufacturing organization, cost place cost accountant in an important position due to the increased emphasis on managing the costs...

b)

Summary Introduction

To determine: The additional cause and effect relationship.

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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