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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 are some of the advantages and disadvantages of conducting business on the Internet? Be prepared to explain your answer.

Summary Introduction

To determine: The advantages and disadvantages of conducting business on the internet.

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 advantages of conducting business on the internet:

There is no need for salesperson in order to complete the business events.

The customers can be able to review the details of the order without the help of the salesperson.

The customers can be able to evaluate the cost implications.

Pictures and videos available on the internet about the product will help the customers to evaluate a variety of products...

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