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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

“An organization puts itself at a disadvantage by asking only one vendor (versus asking several vendors) for a proposal for software or hardware.” Do you agree? Discuss fully.

Summary Introduction

To explain: If Person X agrees with the 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

The view of Person X:

Person X agrees with the statement in general. In the presence of one vendor proposal the organization cannot do the following activities. They are:

  • The ability to obtain more help in generating new ideas for the possible solution of the information processing problem.
  • The ability to compare proposals to judge the reasonable nature of the proposal.
  • The presence of proposals from other vendors can be utilized as a bargaining chip with the other vendors...

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