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designing of accounting system
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Is responsible for designing and developing an information system?
A Systems Analyst
Who is responsible for providing fiscal year end guidance procedures to bases reviewing status of accounting system assisting with posting obligations in the accounting system and executing closeout c?
DFAS
Distinguish between bookkeeping and accounting?
Bookkeeping is an indispensable subset of accounting, and refers to the process of accumulating, organizing, storing, and accessing the financial information base of an entity. Accounting is much broader, and goes into the realm of designing the bookkeeping system, establishing controls to make sure the system is working well.
Who was the economist responsible for developing the basic concepts of the national income accounting system you?
Alfred marshall
How does responsibility accounting system foster goal congruence?
Responsible accounting ensures that the business is accurately reporting their financial position. This supports congruence because they are transparent in their business dealings.
Who is responsible for providing fiscal year end guidance procedures to bases reviewing status of accounting systems assisting with posting obligations in the accounting system and executing closeout?
DFAS
Who is typically responsible for designing and developing an information system?
A systems analyst is an information specialist who performs systems analysis, design, and implementation.
What does it mean to manage the accounting system?
To manage an accounting system. The system that manages the accounting. Accounting is: The action or process of keeping financial accounts
System of Accounting?
what is accounting system and what thier types?
Who is responsible for formulating accounting standards?
International accounting standard board is responsible for standards more information athttp://www.iasb.org/Home.htm
Differentiate cost accounting system from financial accounting system?
Q.5 Differentiate Financial Accounting and Management accounting
Manual system of accounting?
Bookkeeping is a manual system of accounting.
