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Q.5 Differentiate Financial Accounting and Management accounting
cloud based accounting information system
SAP Is itself a computarized accounting system and does not use any other computarized accounting system.
Generally an Executive Information System is a slightly dumbed down version of reports generated by an Accounting System. Generally, no inputs are allowed into the accounting system from the EIS. The theory is that it makes executives lives easier, and is considered a throwback to the days when executives did not know how to operate a computer system.Read more: Example_system_of_Executive_information_system
what is guest accounting system? write characteristics of it what is guest accounting system? write characteristics of it
The strengthening of the feudal system
It eliminated the feudal system in Europe. Which gave increased power to the king.
Crusades had a major impact on the building of castles as many large castles were built across Europe. The crusades were expensive and led to the creation of governmental processes to asses and collect taxes. In turn, this led to the current taxation system that has now been adopted around the world.
The use of money was replaced by the Barterer system.
The feudal system was weakened because of the crusades.
To manage an accounting system. The system that manages the accounting. Accounting is: The action or process of keeping financial accounts
what is accounting system and what thier types?
Generally an Executive Information System is a slightly dumbed down version of reports generated by an Accounting System. Generally, no inputs are allowed into the accounting system from the EIS. The theory is that it makes executives lives easier, and is considered a throwback to the days when executives did not know how to operate a computer system.
The impact of the Crusades on Europe were substantial. Although not its intention, the Crusades stimulated trade with the East. This introduced to Europe luxury goods. Other impacts were as follows: A. The Crusades took pressure off of the Byzantine empire; B. As nobles left their lands in Europe to fight, it allowed kings in Europe and the Church to regain some of their power; C. Religious fraternities such as the Knights Templars began to keep guard on Holy Land activities; and D. Taking heed of financial institutions in the East, the basis of a banking system began to develop in Europe.
Two indirect results of the Crusades were the increased trade and cultural exchange between Europe and the Middle East, leading to the transfer of knowledge and goods. The Crusades also contributed to the decline of feudalism in Europe as many nobles and knights left their lands to fight, leading to social and economic changes.
Q.5 Differentiate Financial Accounting and Management accounting
designing of accounting system