Description
Imagine you are a consultant hired to convert a manual accounting system to an automated system. Suggest the key advantages and disadvantages of automating a manual accounting system. Identify the most important step in the conversion process. Provide a rationale for your response.
Explanation & Answer
Hi, kindly find attached
1
Student’s name
Professor’s name
Course title
Date
Accounting Information Systems
Automating a manual accounting system has both advantages and disadvantages. A major
advantage of switching to automatic or computerized accounting system is that it is faster and
efficient in information processing. Again, it facilitates the auto-generation of accounting
documents such as cheques, invoices, and financial statements. Also, by automating the
accounting system, there is a significant reduction in the expenses incurred on hardware and
software and availability of an accounting sof...
Review
Review
24/7 Homework Help
Stuck on a homework question? Our verified tutors can answer all questions, from basic math to advanced rocket science!
Similar Content
Related Tags
The Catcher in the Rye
by J. D. Salinger
Fences
by August Wilson
Brave New World
by Aldous Huxley
The Mayor of Casterbridge
by Thomas Hardy
The Power of Habit - Why We Do What We Do in Life and Business
by Charles Duhigg
The Red Badge of Courage
by Stephen Crane
The Metamorphosis
by Franz Kafka
Death on the Nile
by Agatha Christie
The House of the Seven Gables
by Nathaniel Hawthorne