The difference between internal and external entities. Introduction: Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.

Question

Are there assets for which a value might be considered to be hard to determine?

Answer 1

Question

Chapter 4, Problem 6RQ

Summary Introduction

To determine: The difference between internal and external entities.

Introduction:

Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.

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