An accounting information system (AIS) collects, stores, and processes financial and accounting data that can be used by decision makers. Think about a business transaction you have been involved in. Describe the business transaction you have experienced, then address these three questions: What specific information was collected and stored? How do you think the information might have been processed? How do you think that information might have been useful to decision makers?
An accounting information system (AIS) collects, stores, and processes financial and accounting data that can be used by decision makers. Think about a business transaction you have been involved in. Describe the business transaction you have experienced, then address these three questions: What specific information was collected and stored? How do you think the information might have been processed? How do you think that information might have been useful to decision makers?
Chapter1: Accounting As A Tool For Managers
Section: Chapter Questions
Problem 4EA: Discuss what information would be most useful for these users of accounting information: Management...
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Describe the business transaction you have experienced, then address these three questions:
- What specific information was collected and stored?
- How do you think the information might have been processed?
- How do you think that information might have been useful to decision makers?
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