Horngren's Financial & Managerial Accounting, Student Value Edition (6th Edition)
Horngren's Financial & Managerial Accounting, Student Value Edition (6th Edition)
6th Edition
ISBN: 9780134491554
Author: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura
Publisher: PEARSON
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Chapter B, Problem B.13SE

Requirement 1

To determine

Accounting Information System (AIS): It is a computer-based system used by decision makers to collect, organize, and report large amounts of accounting information in order to fulfill the current requirements of present business scenario.

To determine: The two basic components of a computerized accounting information system

Requirement 2

To determine

To provide: Examples for two components.

3.

To determine

To provide: Two popular entry-level software systems.

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Accounting educators are discussing ways to incorporate communication skills, both oral and written,into accounting information systems courses. Why do you think these skills are supposed to be crucial forproper execution of the System Development Life Cycle?
Accounting information systems by Gelinas: As an accountant, why do you need to know how to talk to systems designers and developers? What topics must you able to understand and discuss with them?
THEORY PROBLEM Explain why accounting students should study Accounting Information Systems? Explain the Value Chain and also explain how Information Technology plays an important role in the Value Chain. Briefly describe the types of users of the SIA and what are the benefits of the output of the AIS for their work or profession? One of the characteristics of useful information is that it must be timelines and complete. Which is more important, timely but incomplete information, or complete information, but too late? Give an example! Briefly describe the purpose of internal control and provide an example of an internal control application for that purpose!

Chapter B Solutions

Horngren's Financial & Managerial Accounting, Student Value Edition (6th Edition)

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