In what way are subsidiary ledgers and special journals replicated in accounting software?
Answer to relevant QuestionsWithin accounting software systems, what is the purpose of limiting the number of employees authorized to post to the general ledger?How would operational internal reports differ from financial internal reports?Compare the source of capital processes to sales processes in terms of:a. The frequency of transactionsb. The volume of transactionsc. The magnitude in dollars of a single transactiond. The manner of authorizationHow are IT systems potentially useful in monitoring funds flow?Identify one type of business that would likely use real-time data processing rather than batch processing. Describe the advantages of real-time processing to this type of business.
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