Question: [CLO-2] ABC LLP is considering to implement a new AIS (Accounting Information System). In this regards, CFO (Cheif Financial Officer) wants to analyze various factors

[CLO-2] ABC LLP is considering to implement a new AIS (Accounting Information System). In this regards, CFO (Cheif Financial Officer) wants to analyze various factors involved before taking a final decision. Required: As an accountant, you are required to narrate various costs involved and benefits to be derived by investing in a newer AIS. (4 marks)

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