Question: If an accounting information system were entirely a manual system
If an accounting information system were entirely a manual system (no computers used), explain how data would be captured, recorded, classified, summarized, and reported. Discuss how the sophistication of the company’s computer system impacts the accounting output and, alternatively, how the requirements for accounting outputs impact the design of the accounting information system.
Answer to relevant QuestionsClassify each of the following processes as either a revenue process, expenditure process, conversion process, or administrative process:a. Selling common stock to raise capitalb. Purchasing electronic components to ...Business processes and IT enablement at fast food restaurants. Student responses may vary, but are likely to consistent with the following:a. List and describe four different activities that are manual parts of business ...Why is data contained in the data warehouse called nonvolatile? Think of a company that you have worked for or with which you have done business. Which departments within the company need reports generated by the accounting information systems?Describe the purpose of each of the following parts of a manual system:a. Source documentb. Turnaround documentc. General ledgerd. General journale. Special journalf. Subsidiary ledger
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