pros of computerized accounting systems
- faster provision of information
- provision of information that would not be easily available without computerized accounting
- once setup, cheaper information
- more accurate information
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| Term | Definition |
|---|---|
| pros of computerized accounting systems | - faster provision of information - provision of information that would not be easily available without computerized accounting - once setup, cheaper information - more accurate information |
| computerized accounting system structure | - input data - processing data -> -< computer files - output information |
| Types of data processing | - batch processing: input data is accumulates into batches and processed all at once - real time on-line processing: output information is updated as transactions happens. |