Describe each of the three business functions

Assignment Help Financial Accounting

Reference no: EM13749768

There are three (3) important business functions that are performed by the six (6) components of AIS.

a) Describe each of the three business functions and the six components of AIS

b) Evaluate how the components are supposed to work together effectively but then provide at least three potential breakdowns with those components that may reduce the effectiveness of the system.

Reference no: EM13749768

Questions Cloud

What is the contribution margin ratio : Rasmussen company sells only one product at a regular price of 30$ per unit. Variable expenses are 75% of sales and fixed expenses are 44000$. Management has decided to decrease the selling price to 25.50$ in hopes of increasing its volume of sales. ..

Own payroll but rapid expansion is making demands : The owner of a small family-owned business prepares his own payroll but rapid expansion is making demands for his time in other areas. He hires you to design payroll procedures with the proper internal controls that a small payroll department can han..

The balance in the office supplies account : The balance in the office supplies account on June 1 was $5200, supplies purchased during dune were $2500, and the supplies on hand at June 30 were $2000. The amount to be used for the appropriate adjusting entry is A. $4500 B. $2500 C. $9700 D.$5700

Difference in file-oriented transaction processing system : What is the difference between file-oriented transaction processing systems and relational database systems? Discuss the advantages and disadvantages of these systems.

Describe each of the three business functions : There are three important business functions that are performed by the six components of AIS. Describe each of the three business functions and the six components of AIS

Controls as preventive and detective or corrective : Classify the following controls as preventive, detective, or corrective:

Ring of foreign-based hackers broke : Several years ago a ring of foreign-based hackers broke into Town Bank’s system and stole $10 million from its customers’ accounts. Discuss how systems can become vulnerable to computer crimes and then evaluate controls that strengthen those weakness..

Eight basic steps required in the implementation phase : As a member of a development team, you’ve been asked to develop and test the new AIS. Discuss the eight basic steps required in the implementation phase of the SDLC in the proper order they should occur.

Determine the book value of the divisions assets : On September 17, 2013, Ziltech, Inc. entered into an agreement to sell one of its divisions that qualifies as a component of the entity according to generally accepted accounting principles. By December 31, 2013, the company’s fiscal year-end, the di..

User Account

All Pages