1. What is an accounting information system and what are its components? Please help me answer the question and explain it, don't copy and paste please... thank you

Q: What are the different types of accounting software? Explain.

A: Bookkeeping programming is employed information regarding utility product is basic to the suitable…

Q: Choose the term or phrase below that best completes each statement.a. Accounting c. Recording e.…

A:

Q: Use the flowchart above to answer these questions: a. What accounting document is represented by…

A: A flowchart depicts the individual phases of a process in a logical sequence. It is a general tool…

Q: Hello, I need help solving this accounting problem.

A: When the Company issues stock or shares to its shareholders or employees if the stock option is…

Q: Why are traditional accounting events such as recording a transaction in a journal or posting to…

A: The traditional accounting events such as recording transaction in a journal not modelled in REA…

Q: What is accounting explain briefly?

A: Accounting is a broad term and it also has many branches like Cost accounting, Management…

Q: List and discuss two similarities and two differences between AIS and other areas of accounting.

A:

Q: Accounting Equation and explain why the accounting equation will always work? Also, provide an…

A: The accounting equation signifies that the assets of a business are always equal to the total of the…

Q: andardization means eliminating all accounting alternatives to process financial transaction

A: Standardization: Standardization can be defined as a process of setting up the most significant…

Q: This process refers to the reporting of the information processed in the accounting system to…

A: Accounting system is the system used to record all the business transactions occurring during the…

Q: What are the benefits of a computerized accounting system as compared to a manual based accounting…

A: Hi student Since there are multiple questions, we will answer only first question. If you want…

Q: ced in

A: Working notes :-…

Q: What function does the Accounting Information System perform today

A: The functions of Accounting Information System is enumerated as below:    Reporting to Management:…

Q: Exactly why do you need an accounting system?

A: An accounting system is a bundle of processes with integrated procedures and controls. The…

Q: please give me full answer thanks 2. Define various terminologies of Accounting?

A: Introduction: Accounting : Accounting is an art of recording , classifying , summarizing and…

Q: 1. Answer the following questions related to the source document on the next page. A. What business…

A: The original document containing the specifics of a commercial transaction is referred to as a…

Q: Why is accounting a system of information? Extend your explanation with an example from your own…

A: Introduction : Accounting a system of information : Accounting Information Systems aids in the…

Q: What is blockchain technology? How might blockchain technology help to change accounting reporting,…

A: Financial reporting means to furnish the financial records or statements prepared by the…

Q: What is accounting explain briefly?

A: Accounting is a broad term and it also has many branches like Cost accounting, Management…

Q: n account

A: Concept: Partnership is the firm that more than two peoples will run the business and sharing their…

Q: There are 3 basic principles in developing an accounting information system, t

A: Accounting information system: the accounting information system is a system created by a business…

Q: terized accounting

A: Computerised accounting system is a software that assists organizations with dealing with the large…

Q: give example ofcativity based accounting and also write a memo

A: Activity-Based Accounting is a way of analyzing and then settling overhead costs by allocating the…

Q: Choose the term or phrase below that best completes statement: __________ is the recording of…

A: Account: It can be defined as a record that is maintained in the accounting system to track the…

Q: Technology is increasingly used to process accounting data. Why then must we study and understand…

A: There are various types of tools that has been developed to collect, analyze, and compile financial…

Q: 1. Which of the following is not an advantage of computerized accounting system? Data is entered…

A: Since there are multiple questions, we will solve first for you. To get the remaining questions…

Q: ubject: accounting information system (a) Discuss REA modelling in accounting information systems.…

A: REA Modelling REA was originally projected in 1982 by William E. McCarthy as a generalized…

Q: accounting

A: Partnership : It is an arrangement  by two or more parties  for  operating  the  business.…

Q: A1  which of the following actions update/ record is: a master file, transactions file, special…

A: Companies generally post to: the subsidiary accounts on a daily basis if the transaction is related…

Q: 1. What process is represented by the symbol F? 2.  What accounting record is represented by the…

A: 1.

Q: Answer the following questions to ponder: 1. When does an accounting information system becomes…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: 4/The business is prepared the journal entries, ledger accounts and trail balance based on the…

A: Trial Balance is prepared after balancing the ledger accounts. It includes the balance of each and…

Q: record all transactions in accounting

A: Transactions are recorded to get a true picture of the state of affairs of a business during a…

Q: 3peints There is a variation in the structure and the scope when users make their decisions. Because…

A: MANAGEMENT ACCOUNTING: The accounting by which the both financial and non-financial information are…

Q: True or False. Write true if the statement is correct, or false if the statement is incorrect. If…

A: Accounting is the process of identifying, recording, summarising and analysing financial…

Q: 5.Analyze and explain in your own words who uses accounting information and how they use it.

A: Financial statement means the statement including income statement , balance sheet , cash flow…

Q: what is accounting information system (AIS)? List and discuss the three sub system of AIS  and…

A: Accounting Information System (AIS) is a one part(subset) of the Management Information System.

Q: Explain why there is a trade-off between information accuracy and information timeliness. Give an…

A: Accounting Information System (AIS): The accounting information system is a system that collects,…

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.