What type of analytics would encompass creating Key Performance Indicators (KPI’s) from the information reported in financial statements?    Multiple Choice Diagnostic analytics Predictive analytics Descriptive analytics Prescriptive analytics

Q: Match the qualitative characteristics below with the following statements. 1.    Relevance 2.…

A: Financial reporting: Financial reporting is the procedure used to communicate the information…

Q: What is the benefit of a single set of high-quality accounting standards?

A: Definition: Accounting standards: The set of guidelines to follow for the preparation of the…

Q: How you analyze data and make decisions to improve your customer survey score.  What is the impact…

A: Customer satisfaction is essential to modern business. The companies that will win their market over…

Q: how does the accounting process help address issues caused by information asymmetry?

A: Since there are multiple question asked, answer will be given for first question only, to get all…

Computerized Accounting System

The Computerized Accounting System is generally a system of maintaining accounts using computers. In this method of accounting system, the accounting transactions are processed through the use of hardware and software to generate the reports such as journals, ledgers, trial balance, trading account, P/L accounts, balance and other reports.