Question: Prepare two alternative conceptual designs for both an accounts payable system and an accounts receivable system. Discuss the differences in concept between the different designs.

Prepare two alternative conceptual designs for both an accounts payable system and an accounts receivable system. Discuss the differences in concept between the different designs. From a cost perspective, which is more economical? From a benefits perspective, which is more desirable? Which design would you prefer and why?

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Alternative conceptual designs for an accounts payable system Design 1 Centralized system All invoices are sent to a central location where they are p... View full answer

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