® Tunku Abdul Rahman University College Faculty of Accountancy‚ Finance & Business Bachelor of Accounting Year 2 Written Assignment BACS2703 Accounting Information Systems 2014/2015 Table of Contents 1. Aims 2 2. Learning Outcomes 3 3. Group Formation 3 4. Assignment Tasks 3 5. Distribution of Assignment & Submission Date 8 6. Assignment Report Format 9 7. Assessment 10 8. Late Submission 10 9. Penalty 10 10
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of MIS. Meaning of MIS Marketing Information System‚ abbreviated as MIS‚ means to collect‚ analyze and supply marketing information to the marketing managers. The marketing managers use this information to take marketing decisions. MIS is a permanent and continuous process. Marketing information includes all facts‚ estimates‚ opinions‚ guidelines‚ policies and other data. This information is necessary for taking marketing decisions. This information is collected from both internal and external
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Q1 Definition of ’Accounting Information System - AIS’ The collection‚ storage and processing of financial and accounting data that is used by decision makers. An accounting information system is generally a computer-based method for tracking accounting activity in conjunction with information technology resources. The resulting statistical reports can be used internally by management or externally by other interested parties including investors‚ creditors and tax authorities. Investopedia
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Managing the Digital Firm 1.2 Perspectives on Information Systems What Is an Information System? Too often you hear someone say‚ "Oh yeah‚ I know how to use a computer. I can surf the Web with the best of them and I can play Solitaire for hours. I’m really good at computers." Okay. So that person can pound a keyboard‚ use a mouse at lightning speed‚ and has a list of favorite Web sites a mile long. But the real question is: "Is that person information literate?" Just because you can pound the keyboard
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1. EXECUTIVE SUMMARY As employees of XXX‚ we pride ourselves to be working in one of the most popular restaurant and believe that each employee who contributes his share for the growth of the company will reap the rewards of a long lasting amicable working relationship‚ gainful employability and compensation for his or her dedicated work. This drives the team to find improvements that will lead XXX to have a better competitive advantage over her competitors and at the same time to equip the
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Case Study Questions 1: How do the IT investment strategies and focus of FedEx and its main competitor UPS differ? Which Company has the better strategy? Why? The chief information officer of FedEx‚ Rob Carter states that the IT investment strategies are customer based technologies. FedEx focuses less on operational technology and more on revenue-generating‚ customer satisfaction‚ and strategic advantage technology (O’Brien 43). UPS is a much larger company that focuses on operations and
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advantages of Information Systems in Business today" Information systems have significantly transformed the way business is conducted. In today’s society it would be pretty difficult to find an organization that does not use some form of technology‚ automation or information system to help run its operational and daily transactional processes. Most common types of information systems used in business organizations are Electronic and mobile commerce systems‚ Transaction processing systems‚ Management
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Introduction to Information System 1. Information Technology Information technology is the use of computers and software to manage information. In some companies‚ this is referred to as Management Information Services (or MIS) or simply as Information Services (or IS). The information technology department of a large company would be responsible for storing information‚ protecting information‚ processing the information‚ transmitting the information as necessary‚ and later retrieving information as necessary
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1. An Accounting Information System (AIS) * collects and processes transaction data and disseminates the information to interested parties. * Helps management answer such questions as: * How much and what kind of debt is outstanding? * Were sales higher this period than last? * What assets do we have? * What were our cash inflows and outflows? * Did we make a profit last period? Basic Terminology (see Textbook for definitions) * Event * Transaction * Account
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effect of globalization and technology‚ organizations have started to use information systems in various functions and departments in the last decades. The existence of Information and Communication Technology (ICT) has provided significant changes in the areas like business‚ science and education. The rapid development of ICT has affected the way people live and work. It minimizes the amount of time to accomplish a work as well as maximizing the capacity of a human resulting to multiple jobs and high
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