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The value provided by an accounting information system

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How can an accounting information system add value to an organization's processes and/or products?

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Solution Summary

The solution provide seven specific examples of information generated by an accounting information system which can be used by management to maximize operations.

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First the definition of the purpose of an AIS:

"An accounting information system (AIS) is the system of records a business keeps to maintain its accounting system. This includes the purchase, sales, and other financial processes of the business. The purpose of an AIS is to accumulate data and provide decisions makers...with information to make ...

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