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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 business environment is increasingly demanding the use of OLRT systems for more up-to-date information. Identify one business process and the environment in which it would be used as an example of why immediate mode processing is so critical. Be prepared to explain your answer to the class.

Summary Introduction

To determine: The example of business process, which has immediate mode processing and uses OLRT.

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

Determine the example of business process, which has immediate mode processing and uses OLRT:

It is given that the business environment requires the use of Online Real-Time (OLRT) in order to update the information. Consider the example of the lottery offered by Company P, as immediate mode processing is critical in such a business environment...

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