Question: Why does every business need an accounting information system (AIS)? A. It is mandatory to set up a companhbank account. B. The Canada Revenue Agency

Why does every business need an accounting information system (AIS)? A. It is mandatory to set up a companhbank account. B. The Canada Revenue Agency requires every business to have an AIS. C. Owners and managers of businesses must make decisions, and they need information to run the organization. D. The provincial corporation of finance may audit your business

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Determine the moments acting at the ends of each member of the frame. EI is the constant. 1.5 k/ft 15 k- 20 ft - 24 ft-

Final Project Presentation Research the fundamental processes that occur within the production cycle. Analyze how the processes will support the production cycle and financial reporting activities of...

There are two problems due this week (each worth 35 points) as follows. Problem 1.6 (page 20) In comprehensive paragraphs, answerrequirements a to e. You will have 5 paragraphs total of four to five...

I need help answering question 2-3-4-5 with an explanation. I am not being able to answer them! 10 56% CANADIAN DATA SYSTEMS, Ltd. Canadian Duta Systems (CDS) is one of Canada's largest manufacturers...

Question A - Effect of Transactions on Specific Accounts (12 marks; 25 minutes) Maggy Dewitt, Inc: operates a management consulting service, which has a fiscal year end of December 31, 2021. Selected...

The following problem is a comprehensive problem requiring you to compete all of the steps in the accounting cycle, first manually and then by entering the same transactions and performing the same...

1 The vast majority of employers in Canada use manual payroll systems. Group startsTrue or False 2 The Canada Revenue Agency requires employers with __________ employees or more to submit T4...

Suppose you started a company that prints rubberized logos on T-shirts. The business is growing fast, and you need a better accounting information system. Consider the features of an effective...

CHAPTER ONE INTRODUCTION 1.1 Background to the Study Auditors are the third pair of eyes for people who use financial statements ( Uzuh,2008). The audit provides users of the financial statements...

In the second week of BUS 285, you learned about the accounting information system and need to analyze the transactions which Economy Small Engine Repair entered into to determine if they affect the...

Accounting Information System Multiple Choice Question 1. A set of two or more interrelated components that interact to achieve a goal is: a) A system b) An accounting information system c) Data d)...

A statistician estimates the 90% confidence interval for the mean of a normally distributed population as 172.58 3.74 at the end of a sampling experiment, assuming a known population standard...

Twenty years ago, Consuela Guererro invented and patented a high-speed burritostuffing machine. Through the years, she has jealously guarded her invention, allowing its use only in El Consuelas, a...

AEP has 4 , 7 0 0 , 0 0 0 shares of common stock outstanding with a market value of $ 5 0 per share. Net income for the coming year is expected to be $ 6 , 6 0 0 , 0 0 0 . If AEP has a two - for -...

If the following join statement is used to join two tables in a query, which of the following tables would all of the tuples in the relation appear in results? left join university.students on...