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What should be the the input and output process in order to have perfect accounting system?
Wiki User
∙ 15y ago
Both have are the real entity seen by the user and the accounting system is the one which calculates the sccounting and process the input and gives the result as output
Wiki User
∙ 15y ago
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There should be a relationship between the input and output process inorder to handle the accounting system. How to explain this giving examples?
Once we eat the thins must come out for good men having no problems, this is the best example
What is Normative accounting?
Normative Theory is a theory that prescribes how a process of accounting should be done. This theory is not based on observation and may suggest radical changes to current practices in accounting
Who are the users of output of accounting information system?
Users of the output of accounting information systems would be the companies themselves, to see how they stand. The information is also used by outsiders. Banks will want to look at the accounting information to know if they should make a loan to the company. If it's a public company stockholders will use the information in purchasing or trading stock.
Can you get an accounting clerk job with just a certificate in accounting or should you go for an associate's degree?
It really depends on who is doing the hiring, and what they list as the job requirements. However I will say this; The higher the degree, the more doors that will be open to you. If you have the opportunity, look into your home county community college. You can find a perfect accounting job for you at http://accounting-jobs-michigan.com
State the person who should be interested in accounting information?
state the persons who should be interested in accounting information
Should everyone study accounting?
Yes, everyone should study accounting because understanding accounting will help them with their finances. Knowing where your money is will give you control over your life.
What is specific accounting principle?
Accounting principles differ throughout the world. Whether you are an accounting student or an investor, you should be aware of the accounting principles that apply in your region.
What is the Basic Elements of Financial Accounting?
The three basic elements of a financial accounting system include:1. Rules for determining what, when, and the amount that should be recorded2. A framework for preparing financial statements3. Controls to determine whether errors may have arisen in the recording process
What is the difference between 'Normative Accounting Theory' and 'Positive Accounting Theory'?
Normative theory is used to advise what methods should be used for accounting. Positive accounting theory explains and predicts accounting as it is currently happening.
In the state of Georgia does an executor of an estate have to show annual reports or tax returns to the heirs of the estate?
The executor should file an annual accounting with the court. If they have not the heirs should file a motion for the court to compel an accounting. An executor who acts in secret and resists reporting to the heirs should be watched closely.The executor should file an annual accounting with the court. If they have not the heirs should file a motion for the court to compel an accounting. An executor who acts in secret and resists reporting to the heirs should be watched closely.The executor should file an annual accounting with the court. If they have not the heirs should file a motion for the court to compel an accounting. An executor who acts in secret and resists reporting to the heirs should be watched closely.The executor should file an annual accounting with the court. If they have not the heirs should file a motion for the court to compel an accounting. An executor who acts in secret and resists reporting to the heirs should be watched closely.
What type of high school student should take accounting?
The type who is interested in accounting or business.
What is output in economics?
Potential output is the capacity to produce should all factors be employed in an economy. For example, it is the output should there be no unemployment, no spare labour and no spare capital. It is unlikely that actual output will be the same as potential ouput since there is always unemployment.
