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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

What is the difference between a specification and a performance measure?

Summary Introduction

To explain: The difference between specification and performance measure.

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 difference between specification and performance measure:

A specification can be termed as a documented explanation of material, operational and other activities to satisfy the requirements of a process. It is a technical standard which serves as the benchmark for a process. The specification will vary according to the different requirements...

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