how to relate cloud accounting with cost management?

Q: Describe briefly why Electronic Data Interchange (EDI) is helpful to managers.

A: Electronic Data Interchange (EDI): EDI is a computer application which makes an online link between…

Q: How can computerized accounting help improve the reliability and flexibility of any manual…

A: Accounting is the process of recording the financial transaction to ascertain the financial position…

Q: explain on how cloud accounting can help in integrating with other departments like payroll, audit,…

A: Following is the answer to given question

Q: techniques used in management accounting.

A: Budgeting is the tool of management accounting to forecast future operational revenues, costs and…

Q: Define computer-integrated manufacturing.

A: Conversion Cycle:   A set of all processes that are used to collect inputs and convert them into…

Q: How does concurrency control contribute to financial data integrity?

A: Concurrency Control:   Concurrency control is a system in the database management system that helps…

Q: how cloud accounting can benefits accounting department?

A: Cloud accounting is a kind of accounting software which can be used remotely via internet in…

Q: Discuss the diffences between internal and external users of ingormation and their needs and demands…

A: Accounting Information System (AIS):   The system which helps to gather, store and process the…

Q: explain the differences among business processes, information systems and applications. State the…

A: Business process: A business process is a series of steps to accomplish a concrete purpose carried…

Q: What are some feature of integrated Accounting Software programs?

A: Integrated Accounting Software programs are applications that can perform multiple accounting…

Q: Describe about the Enterprise Resource Planning. What are its objectives?

A: Enterprise Resource Planning:   It refers to a framework within an organization where the management…

Q: What kind of graph can help decision making in management accountin? It would be if there are some…

A: The graphs are often considered statistical tools, however, in almost all fields, they are used as…

Q: Explain how a data warehouse database is fundamentally different from a transaction processing…

A: Transaction Process System:   Transaction process system can be defined as a system designed to…

Q: What are the advantages and disadvantages of Xero Accounting Software?

A: Xero Accounting software is a cloud based accounting software for small,medium and large businesses.…

Q: Explain how source data automation is used in the commerce and financial institutions

A: When the data is collected at their point of origin in digital form, it is known as source data…

Q: What is data mining?

A:

Q: Explain the basic characteristics of distributed ledger technology and some of its possible…

A: Here is the Answer for the basic characteristics of distributed ledger technology and some of its…

Q: THE IMPACT OF ACCOUNTING SOFTWARE ON BUSINESS PERFORMANCE: develop a conceptual framework. Give…

A: Accounting software helps to handle accounting processes simpler for company owners, conducting…

Q: Distinguish between the centralized and distributed approaches to organizing the IT function.

A:

Q: What is the e-business model implemented by Slack? Explain

A: E-business: It is the conduct of business and its associated processes through the internet medium.…

Q: Define outsourcing.

A: Outsourcing: Outsourcing refers to hiring another company, to undertake a business process of the…

Q: What are some of the more common uses of data codes in accounting information systems?

A:

Q: What is Xero Accounting Software?

A: Accounting software are the kind of applications that are used for preparing the accounting books…

Q: Definition of cloud accounting

A: The answer is provided as follows:

Q: describe the difference between Accounting Information Systems (AIS) and Management Information…

A: Accounting Information System means the system to record financial transactions of any business…

Q: What are the things that need improvement in Xero Accounting Software?

A: Xero is an accounting software. By using of this software it help business to record business…

Q: Identify risks for accounting systems that rely heavily on IT functions.

A: Risk refers to the outcomes of uncertainties. It can be good if well planned and it can be worst…

Q: Discuss how technology based information systems affect accounting

A: Accounting:-It is a record of financial data in a sorting, summarizing, and in a presentation format…

Q: What types of unique control problems are created by the use of PC accounting systems?

A: PC accounting systems are usually used by small firms and also sometimes by decentralized large…

Q: What is task data dependency? (this is related to Accounting Information Systems

A: Accounting Information system is a set of components used for gathering, making, storing, preparing,…

Q: Distinguish between Accounting Information System (AIS) and Management Information System (MIS).

A: Accounting Information System means the system to record financial transactions of any business…

Q: What is an enterprise resource planning (ERP) system? What are the advantages and disadvantages of…

A:

Q: How are system flowcharts and program flow charts related? (this is related to accounting…

A: System flowcharts refer to the concept of showcasing the whole route of data flows in a system and…

Q: If accountants are viewed as providers of information, then why are they consulted as system users…

A: System development process includes designing, developing, testing, and maintaining of systems. In…

Q: What are the functions of Xero Accounting Software?

A: Xero Accounting Software is a Software-as-a-Service (SaaS) accounting technology that is mainly…

Q: What is an accounting information system (AIS)?

A: Accounting Information System:It is a process which collects data, processes the same into…

Q: Can you explain some impacts of implementing software-based AIS (Accounting Information System) on…

A: Accounting information system (AIS) which helps in gathering, processing as well as storing the…

Q: describe cloud computing and explain how it is similar to obtaining a commodity product

A: Cloud Computing: Cloud computing linked different computing nodes on a particular network and runs…

Q: What is a New Accounting System (AIS) needed?

A: An accounting information system is an application of Information technology to accounting, audit,…

Q: An engineering company is looking for a software solution to manage their inventory and…

A: Inventory refers to the items, materials or merchandise and any type of goods which are sold by the…

Q: Identify two specific IT-related risks in computerized accounting information systems. Propose a…

A: Computerized accounting includes using the computers and accounting software for recording, storing…

Q: Answe these questions in relation to accounting packages systems

A: Here discuss about the details of the sage Pastel software for the Accounting and uses to kept…

Q: How can ABM be used by service companies?

A: Activity Based Management Activity-based management is refer as the one of the cost management…

Computerized Accounting System

The Computerized Accounting System is generally a system of maintaining accounts using computers. In this method of accounting system, the accounting transactions are processed through the use of hardware and software to generate the reports such as journals, ledgers, trial balance, trading account, P/L accounts, balance and other reports.