Answered: 1: Why is AIS important in an…

1: Why is AIS important in an organization business? 2: How does AIS help decision making? 3: What are the three business functions of AIS?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 1Q: What is a management control system? What are its components and how does the system help the...

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Question

1: Why is AIS important in an organization business?

2: How does AIS help decision making?

3: What are the three business functions of AIS?

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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