What is the role of a database in a computerized accounting system?
Question:
What is the role of a database in a computerized accounting system?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
In a computerized accounting system a database plays a central role by providing a structured and organized storage system for managing financial data ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
Question Posted:
Students also viewed these Business questions
-
What is the role of a database management system in a business information system?
-
What is the role of a database administrator?
-
What is the role of a unified database in an ERP system?
-
Explain and justify what stage current bubble is in ?Analyze the financial markets and contribution of participants that create the bubble? Justify and explain the factors that will cause this bubble...
-
Which inventory method, FIFO or LIFO, more nearly approximates the physical flow of products in most businesses? Explain your answer.
-
Although ab initio HF calculations fail in predicting molecular atomization energies, one can still use HF energies to estimate energy changes for certain types of reactions. Recall that good...
-
5. Using the same assumptions as in Example 3, compute VaR with and without the mean, assuming correlations of 1, 0.5, 0, 0.5, and 1. Is risk eliminated with a correlation of 1? If not, why not?...
-
Refer to P22-26A and P22-27A. Requirements 1. Prepare a budgeted balance sheet as of May 31, 2012. 2. Prepare the budgeted statement of cash flows for the two months ended May 31, 2012. (Note: You...
-
The dean of the School of Fine Arts is trying to decide whether to purchase a copy machine to place in the lobby of the building. The machine would add to student convenience, but the dean feels...
-
Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 2008. The accounting cycle for Kelly Consulting for April, including financial statements, was illustrated on pages 161174....
-
Identify alternatives to the battery in (1) The marine industry, (2) The commercial industry, and (3) Consumer electronics.
-
Show that if U is the collection of all units in a ring (R, +,)with unity, then (U, ) is a group.
-
A large-sized chemical company is considering investing in a project that costs `5,00,000. The estimated salvage value is zero; tax rate is 35 per cent. The company uses straight line method of...
-
From the following budgeted and actual figures, calculate and present the variances in respect of profit on sales and cost of sales. Budget: Sales, 2,000 units @ 15 each Cost of sales @ 12 each...
-
(a) From the following data of a manufacturing unit, find out (i) sales to break-even and (ii) sales to earn a profit of 8,000. (b) The following information is available for companies A and B. (i)...
-
Wowem Corporation manufactures a wide range of clothing apparel. It is a decentralized organization in which different divisions have responsibility for the manufacture and distribution of major...
-
(a) Use a molecular orbital program or input and output from software supplied by your instructor to construct a molecular orbital energy-level diagram to correlate the MO (from the output) and AO...
-
The data set in DS 12.2.6 concerns the relationship between the temperature and resistance of vacuum transducer bobbins, which are used in the automobile industry. (a) Fit a linear regression model...
-
Decades after the event, Johnson & Johnson (J&J), the 130-year-old American multinational, is still praised for swiftly The company indicated that its response was based on the expectations set forth...
-
Explain how trading securities are accounted for and reported.
-
At what amount should trading, available-for-sale, and held-to-maturity securities be reported on the balance sheet
-
At what amount should trading, available-for-sale, and held-to-maturity securities be reported on the balance sheet
-
You have just been hired as a new management trainee by Earrings Unlimited, a distributor of earrings to various retail outlets located in shopping malls across the country. In the past, the company...
-
Brief Exercise 10-6 Flint Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $327,600. The estimated fair values of the assets are land $62,400, building...
-
"faithful respresentation" is the overriding principle that should be followed in ones prepaparation of IFRS-based financial statement. what is it? explain it fully quoting IAS. how this this...
Study smarter with the SolutionInn App