Complete this template by replacing the bracketed text with the relevant information. Accounting System Questions 1. How
Question:
Complete this template by replacing the bracketed text with the relevant information.
Accounting System Questions1. How does an accounting system provide accurate calculations to prevent errors?
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2. What are potential concerns related to data security?
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3. How does an accounting system save time?
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4. How does using an accounting system enable separation of duties?
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5. What are the benefits of an ERP system?
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6. What are the benefits of QuickBooks?
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7. How can an accounting system help you find anomalies or variances in financial data?
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8. Assume you calculated a financial ratio variance of 2x the usual balance for accounts receivable. Why did you calculate a financial ratio variance of 2x the usual balance?
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9. You are a small company that calculates a normal current ratio at 1.95. This period the current ratio is only 1.45. Why has the ratio decreased?
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Include at least one reference used to complete this chart. This section is for the full citation. Sources should be cited using APA style.
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Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young