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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

What are the steps in the IPP, and what happens at each step?

Summary Introduction

To determine: The steps involved in the IPP.

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 the steps in the IPP:

  • Designing the product and production processes: In this step, the firm can use computer-aided engineering to automate the product design. Based on the requirements of the product, the software will generate manufacturing instructions.
  • Developing a master production schedule: The process involved to generate a schedule are production, planning, and control. Global inventory management helps to make sure that the availability of inventory is considered by the production schedules...

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