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: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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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