Question: Discuss the core elements such as data input, processing, storage, and output. Explain how each component contributes to the overall functionality of the AIS and

Discuss the core elements such as data input, processing, storage, and output. Explain how each component contributes to the overall functionality of the AIS and its ability to generate accurate and timely financial reports. Consider the role of software applications, databases, and internal controls in enhancing data integrity and security within the system.

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