How can the AIS contribute to or detract from a bottom line?
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How can the AIS contribute to or detract from a company's bottom line? Provide at least two specific examples.
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Solution Summary
The solution provides a good definition of the AIS and then lists four examples of effects of the use of the system.
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First, the definition of AIS:
Subsystem of a management information system (MIS) that processes financial transactions to provide (1) internal reporting to managers for use in planning and controlling current and future operations and for nonroutine decision-making; (2) external reporting to outside parties such as to stockholders, creditors, and government ...
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