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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

Based on the inventory process control goals discussed in this chapter, explain the impact of using a periodic inventory process instead of a perpetual process. Be sure to also discuss how you would design the process to attempt to meet the same control objectives using this periodic process.

Summary Introduction

To determine: The way to design the process that would attain the same control objectives using the periodic 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

Determine the way to design the process that would attain the same control objectives using the periodic process:

Resource security objectives, the effectiveness of operations, and efficiency of operations are the areas which the analysis should address. Difficulty in finding the warehouse that has the required goods, restricted capability in working under just-in-tim...

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