Mgmt 200 Fall 2011 Chapter 2

Mgmt 200 Fall 2011 Chapter 2 - The Accounting Information...

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8/19/2011 1 The Accounting Information Accounting Information System (Measurement) LO1 Identify the Basic Steps in Measuring External Transactions o Most business enterprises use a computerized accounting system due to the sheer volume of data they must process. o Computerized data processing is fast, accurate, and affordable. o Knowledge of manual accounting information system will provide an essential understanding of the basic model that underlies the computerized programs. Measuring External Transactions
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