Answered: How would you develop an effective…

Business

Accounting

How would you develop an effective accounting information system for different businesses?

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter7: Accounting Information Systems

Section: Chapter Questions

Problem 4Q: Why are there so many different accounting information system software packages?

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Question

How would you develop an effective accounting information system for different businesses?

Definition Definition Structural system an enterprise uses to collect, store, report, retrieve, and process financial data. Accounting information systems are used by business analysts, auditors, accountants, and consultants for accurate and efficient access to financial data.

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