What is the need for accounting information system AIS to be-02332
This subjective question is related to the book/course vu mth718 Topics in Numerical Methods. It can also be found in vu mth718 Mid Term Solved Past Paper No. 5.
Question 1: What is the need for accounting information system (AIS) to be linked to all the information systems in an organization?
Answer:
Accounting information system is linked to all the information systems in an organization. This is important because the data required for proper bo keeping and generation of transactional reports is extracted from all over the organization. For instance sales information can be sought only from marketing information system and stock information is available in manufacturing information system. The purpose of AIS is to accumulate data and provide decision makers (investors, creditors, and managers) with information to make decision.