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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

The Shark Company requests bids from hardware vendors for specific configurations rather than bids for general performance objectives because it “knows what it needs.” Discuss fully.

Summary Introduction

To discuss: The given statement.

Introduction:

Acquiring and implementing accounting information systems:

It describes the acquisition of a system and its phases of development and the steps involved in it. It explains the difference between purchased and in-built systems. It explains the importance of the presence of an accountant in these systems.

Explanation

Even in situations where the organization knows its requirements, the requests for specific configurations sacrifice some of the advantages of utilizing and RFP with performance objectives. They are:

  • The process of obtaining a vendor input on the solutions to the information processing problem...

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