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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

Some people on the finance staff of your organization believe that when choosing among renting, leasing, and purchasing an AIS is strictly a financial decision and should be done by the finance staff. Identify and discuss several other considerations of the decision.

Summary Introduction

To explain: Several other considerations for this decision.

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

Several other considerations for this decision:

  • The flexibility of the AIS that is going to be purchased must be flexible to handle different needs of the organization.
  • The years of commitment likely to be given by the AIS system...

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