What are the reasons companies use coding schemes in their accounting information systems?
Companies use coding schemes in their AISs because codes concisely represent large amounts of complex information that would otherwise be unmanageable. They also provide a means of accountability over the completeness of the transactions processed and identify unique transactions and accounts within a file. In addition, coding supports the audit function by providing an effective audit trail.
You might also like to view...
Which of the following is a reason why retailers tend to use magazines for image advertising?
A. Wider target audience B. High readership C. Extended shelf life D. Low cost of advertising E. High reproduction quality
Which of the following is most likely true about direct and digital marketing?
A) They make it increasingly difficult for sellers to adjust their prices. B) They provide sellers a high-cost alternative for reaching their markets. C) They have become less dependent on social media and the Internet. D) They provide buyers with anytime, anywhere access to products. E) They reduce the number of interaction options between buyers and sellers.
Harpo Enterprises maintains the Oprah Winfrey show, a Web site, and O magazine. Because Harpo Enterprises practices integrated marketing communications, these different brand contacts all maintain ________ in design and tone
A) variety B) contact C) consistency D) creativity E) convenience
Most companies become involved in direct exporting when
A. the domestic market becomes saturated with competing products and services. B. foreign governments believe that they will benefit the most from allowing the entry of direct exports. C. they believe their volume of sales will be sufficiently large and easy to obtain so that they do not require intermediaries. D. evolving technologies in foreign countries come online. E. emerging markets in foreign countries become economically viable.