K-MSG-L Notes 17 (28) - .:iftheFMISdoes ,,andwill .Further,...

Info icon This preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
particular details they need to carry out their features. The converse is also true: if the FMIS does not offer the required details – that is, has not the right performance – it will not be used, and will cease to fulfill its main operate as a system. Further, by automating techniques and inner  manages, it strengthens financial manages and promotes liability. Box  broadly describes the  attributes of an FMIS. Although the FMIS does not catch all the details moves, adopting a  comprehensive strategy in the growth of the venture is essential to create sure that all effective  interdependencies are recognized, hence securing the catch of all related details moves.  Determine  sets the FMIS in a broader perspective of interrelated details techniques, and  illustrates the main effective techniques from medium-term preparing and price range planning  to price range performance and bookkeeping. An FMIS will consist of several elements with 
Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern