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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

There are several organizations that provide Internet assurance services. Although WebTrust was created by CPAs and has been in existence for several years, it has met limited acceptance by business. If Internet assurance is truly important, why do you think that WebTrust has a limited share of the market? (Include in your discussion the criteria that an organization might use when choosing an assurance service.)

Summary Introduction

To determine: Why WebTrust has a limited share of the market.

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

The following are the reasons for the limited share of WebTrust in the market:

Webtrust is designed to provide assurance and comfort to the users who are participating in Business to Customer (B2C) internet commerce that the website is reasonably safe...

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