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Relationship between these aspects is set out in Figure.
Figure: The accounting information system
There are four sequential stages of an accounting information system. First two stages are concerned with preparation while the last two stages are concerned with using information collected.
We shall concern primarily with the final two elements of the process: analysis and reporting of accounting information. We will consider the way in which information is used by, and is useful to, users instead of the way in which it's identified and recorded. Efficient accounting systems are a vital ingredient of an efficient business. When accounting systems fail, results can be disastrous.
Look closely at the stock market in Fiji. Do a trend analysis of the stock market based on the following: ? The function of the stock market ? The trend analysis of the number of
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Weighing up the costs and benefits You may feel that, when considering a piece of accounting information, provided four main qualities identified are present and it's material
Financial Accounting An accounting technique that records, interprets, and reports the historical cost transaction of an organization. An organization records these transaction
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My company agreed to clean a store for $1,375 per month. A check for $700 was received from the store as a deposit. What do I need to debit and credit in a general ledger?
what affects quick asset ratio
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