1. Describe how Accounting Information System adds value to an organization by providing accurate and timely information.

2. Distinguish data from information, discuss the characteristics of useful information, and explain how to determine the value of information

3. While an accounting information system supports each of the organization's primary activities in the value chain as well as many of the support activities, it can only be categorized into one of the activities. Into which activity is the accounting information system categorized?

a) Purchasing

b) Service

c) Firm Infrastructure

d) Operations

e) Technology