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Tuesday, January 29, 2019

Accounting Information Systems Simulation Summary Essay

Effective data systems are essential to productive business. How a system is organized is important in determining efficiency. Managing a labyrinthine sense between cost and accuracy is one of the biggest problems that a company faces. in that respect are advantages & disadvantages to having a single person performing aggregate activities in a specific subroutine. A single person work on multiple activities helps reduce errors and confusion as well as provide a better understanding of the reason for certain activities in a process. The employee will then be better able to hazard and correct mistakes. Unfortunately, a single person means that there is no one to check data for accuracy and integrity. Errors can occur much easily without a second look. There is also the risk of not having someone to complete an entire process if that single person is missing from work.See more Experiment on polytropic process EssayIn order to secure growth, implementing new processes to ensu re accuracy is a moldiness season balancing cost and accuracy. If the start up costs of the process are too high, and the succumb too low, then the venture is not the best choice. An example would be using swipe cards for trailing hours and timesheets as it provides an internal control at an amenable cost while still retaining employee trust and reducing timesheet errors and fraud. Every business wishes to increase its bathroom line. This, in part, requires the protection of its assets. In order to help Ramos International smear expected loss in the upcoming year, it is important to prioritize its assets cerebrate to the specific risks and exposure to loss for each.This helps accurately identify the necessary controls and easy options to safeguard such assets. This can be managed by determining if the return from implementation of a system is worth the cost associated. The effective using up of information systems is essential. The ability to balance both the cost and accurac y of implementing information systems will help to ensure a businesss victory and longevity. As in all businesses, Ramos will need to find the pay way to successfully organization and delegation of tasks in their system.ReferencesBagranoff, N.A., Simkin, M.G., & Norman, C. (2008). centre Concepts of Accounting Information Systems (10th ed.). Hoboken, New Jersey John Wiley & Sons, Ltd.

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