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Describe how AIS assists in the firm in its internal and external business processes. Briefly outline the importance of business process documentation. Briefly describe the

  1. Describe how AIS assists in the firm in its internal and external business processes.
  2. Briefly outline the importance of business process documentation.
  3. Briefly describe the relational database. Describe the advantages of relational databases.
  4. Describe the digital dashboard. Why is a dashboard more useful than a standard report shared periodically?
  5. Explain how XBRL works and how it makes business reporting more efficient.

Reference: Accounting Information Systems, Richardson, V., Chang C., & Smith R, McGraw Hill, 3rd Edition, 2018

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